Financial Services Industry
Industry: Email Alert RSS FeedMayne Chooses Bank of New York
Global Finance, Oct 2004 by Platt, Gordon
Melbourne, Australia-based Mayne Group selected Bank of New York as successor depositary for its ADR facility in the over-the-counter market.
Each ADR represents five ordinary shares that trade on the Australia Stock Exchange.
Mayne manufactures specialty pharmaceuticals, including generic injectable anti-cancer drugs. It also provides diagnostic services.
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-Gordon Platt
Copyright Global Finance Media Inc. Oct 2004
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