Shareholders turn out for London Mining
London Mining on Tuesday raised $90m in 90 minutes in an accelerated bookbuild aimed at existing shareholders, to fund growth plans.
The £320m market capitalisation iron ore miner sold 22.7m new shares 19.9% of the pre-deal share capital at 255p each, a 4.5% discount to Mondays close. The deal was launched at 11.30am on Tuesday following pre-marketing with key shareholders on Monday and Tuesday morning, and the ...
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: firstname.lastname@example.org