Excess subs mop up Talvivaara cancellations
Talvivaara, the troubled London and Helsinki-listed nickel miner, lost 10% of subscriptions to its €261m rights issue last week, after allowing shareholders to cancel orders following a fresh round of operational problems. Excess subscriptions were enough to cover the shortfall.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts