Elis drops 3% after setting terms for €324m rights issue
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EquityFollow-ons and Rights issues

Elis drops 3% after setting terms for €324m rights issue

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Shares in Elis, the French bed linen and laundry company, fell 3% on Thursday after it set terms for its €324m rights issue to cut its leverage after buying Indusal in Spain and Lavebras in Brazil.

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