Latest EMEA Follow-Ons/Rights issues news

• Banks underwrite Aryzta’s €800m rights issue

  

  Shares in Aryzta, the frozen baked goods company listed in Ireland and Switzerland, surged by as much as 13% on Tuesday morning after it signed an agreement with five international banks to underwrite its €800m rights issue.

  • 11 Sep 2018

• IG Design Group wraps up £50m share sale

  

  Shares in IG Design Group, the UK maker of stationery products and gift packaging, rose 5.7% on Tuesday after the company announced its takeover of Impact Innovations, a US-based supplier of gift wrapping, which it revealed early in the morning alongside a share sale to fund the transaction.

  • 28 Aug 2018

• RusHydro files for capital raising

  RusHydro, the Russian hydroelectricity firm, has filed for a Rb13bn capital raising in order to fund the construction of overhead power lines.

  • 28 Aug 2018

• Future raises £105m for US merger

  

  Future plc, the UK magazine publisher, has raised £105m to finance its acquisition of Purch, the US science and technology magazine publisher, after its three for four rights issue finished 92.2% subscribed on Tuesday.

  • 21 Aug 2018

• Brexit taking its toll as fund managers pull away from UK

  

  Global investor confidence in UK equities has tumbled so far in August, according to the latest fund manager survey from Bank of America Merrill Lynch, marking the largest monthly drop in sentiment towards the UK since the Brexit referendum.

  • 15 Aug 2018

• Turkey exposes European stocks but contagion unlikely

  

  The market chaos caused by investor panic over Turkey hit the shares of European companies this week, but the risk of a systemic crisis is low, said analysts.

  • 14 Aug 2018

• Aryzta cooks up €800m capital raise after Ebitda slide

  

  Shares in Aryzta, the bakery listed in Ireland and Switzerland, fell as much as 10% on Monday morning after the company said it plans to raise €800m via a rights issue to shore up its balance sheet after a series of profit warnings this year.

  • 13 Aug 2018

• Glenveagh Properties finalises €213m placing

  

  Glenveagh Properties, the Irish housing developer owned by Oaktree Capital, has concluded the final leg of its €213m placing, conditional placing and open offer, which it originally announced in July to finance the acquisition of more land in Ireland.

  • 10 Aug 2018

• Countrywide turns to equity sale to offset debt woes

  

  UK estate agent Countrywide has turned to the equity capital markets to resolve its debt issues and has initiated a share sale to raise £129m as part of its “Absolute Growth Plan” to turn its fortunes around.

  • 02 Aug 2018

• African Reit raises $132m prior to London listing

  

  Grit Real Estate Income Group, the pan-African real estate company based in Mauritius, has raised $132.1m through the sale of 92.4m shares in a placing to investors, prior to listing in London on Tuesday.

  • 30 Jul 2018

Follow-Ons/Rights issues news archive