Eniro plunges on 30-for-1 terms

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Eniro plunges on 30-for-1 terms

Eniro, the Swedish directories-to-search engine firm, caught its retail investor base on the hop on Thursday when it revealed 30-for-1 terms for its Skr2.5bn ($361m) rights issue. The shares had plunged 17% by late afternoon.

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