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UK company acquires US firm OrthoLite for $770m
Offering price at 30.4% discount to Terp
Company predicts €1.6bn net loss in FY2024 due to write-downs
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French renewable energy company Voltalia has finished its €376m rights issue after meeting with more than 100 investors on a deal roadshow, according to a source close to the transaction. -
Shares in Synthomer, the UK producer of aqueous polymers, closed 1.3% higher on Wednesday after the company announced a £204m rights issue to finance its expansion in the US.
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India’s Tata Sponge Iron, a subsidiary of multinational Tata Steel, has opened books for a Rp16.5bn ($240m) rights share offering.
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Hutchison Healthcare Holdings has taken home $288m from an enlarged sell-down of shares in Hutchison China MediTech (Chi-Med).
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Public equity investors lag behind private funds in owning renewable power assets and are missing an opportunity to get in early on Europe’s next big infrastructure asset class, according to Sébastien Clerc, chief executive of French independent power producer Voltalia.
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CK Hutchison Holdings is paring down its stake in Hutchison China MediTech (Chi-Med) through a placement after the biopharmaceutical company put its planned Hong Kong IPO on the back burner.
