Melrose soars ahead of £1.6bn rights issue after Nortek bid is uncontested
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EquityFollow-ons and Rights issues

Melrose soars ahead of £1.6bn rights issue after Nortek bid is uncontested

Shares in Melrose Industries, the UK investment firm, began trading ex-rights on Tuesday ahead of its £1.6bn ($2.08bn) rights issue on the London Stock Exchange.

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