Top shareholders back rights issue for ailing Eltel
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EquityFollow-ons and Rights issues

Top shareholders back rights issue for ailing Eltel

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Shares in Eltel, the Swedish intranet company, jumped 14% on Tuesday after it announced its 2016 results, the sale of non-core assets, the revision of its debt covenants, and a rights issue to finance its restructuring and return to profitability.

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