Zur Rose proposes 200 million Swiss francs capital hike to finance medpex deal
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ZURICH (Reuters) - Swiss online pharmacy Zur Rose Group said it was proposing an ordinary capital increase of 200 million Swiss francs(156.15 million pounds)to finance its recently announced acquisition of the mail-order activities of German peer medpex.Shareholders will vote on the proposal to issue up to three million new shares at an extraordinary general meeting to be held on Nov. 19, the company said in a statement on Monday.The capital increase will be conducted through a rights offering..