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French biotech seeks to accelerate cancer vaccine program
Payment processor's shares dropped to new low on Thursday
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The astonishing rally in UK domestic equities in the past week as a Brexit deal with the EU started to look more likely showed how important an orderly exit from the bloc is to the market. If there is more progress towards a deal this week, the little loved sector could be primed for a resurgence in capital markets. -
Cellnex, the Spanish wireless telecommunications company, is getting tremendous traction in investor meetings for its €2.5bn rights issue to fund a transformational UK acquisition.
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Infrastructure investment business 3i Infrastructure (3iN), which is controlled by private equity firm 3i Group, managed to buck Brexit volatility and place 81m new shares into the market, to fund the pay down of a revolving credit facility linked to acquisition financing.
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Cellnex, the Spanish wireless telecommunications company, has agreed a deal to acquire the telecoms division of Arqiva for £2bn and is undertaking a €2.5bn rights issue to help fund the transaction.
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Linde, the multinational industrial gas company, is making a strategic equity investment in ITM Power, the UK hydrogen machine manufacturer, as part of a fundraising plan worth up to £58.2m.
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Chinese biotechnology firm Innovent Biologics has raised HK$2.39bn ($304.3m) after selling a chunk of stock through a top-up placement.
