ICI completes £890m issue after 91% take-up of rights

22 Mar 2002

ICI completed its £890m rights issue yesterday (Thursday) when it sold a £134m rump offering to investors. Bankers claimed the deal was a success, given the strength of the share price and the 91% take-up of the rights. Goldman Sachs, Merrill Lynch and UBS Warburg underwrote the offering. ...

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