French SWF backs Soitec’s Eu150m rights issue

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French SWF backs Soitec’s Eu150m rights issue

Soitec, the French semi-conductor technology firm, on Tuesday launched a Eu150m rights issue to fund capital expenditure with the backing of the Fonds Stratégique d’Investissement, the country’s sovereign wealth fund which will use the deal to take a stake in the firm.

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