JP Morgan Wins ADR Mandate From Aixtron AG

JPMorgan has been appointed depositary bank by Aixtron AG for its newly-launched, NASDAQ-listed American Depositary Receipt (ADR) programme. The company is the first European corporate to initiate a listed ADR programme this year. The ADR programme has been launched to facilitate the acquisition of California-based Genus, Inc. JPMorgan has also supported AIXTRON as the company’s US exchange agent for the transaction.