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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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Shares in Norwegian Air Shuttle, the Norwegian budget airline, fell 25% on Tuesday after the company announced an Nkr3bn (€308m) rights offer to avoid breaking its financial covenants following widening losses and an abandoned takeover attempt by IAG. -
Tritax Big Box Reit has returned to the market with a £250m placing and open offer to finance its acquisition of a majority stake in DB Symmetry, the owner of one of the largest strategic land portfolios for development of Big Box warehouse assets in the UK.
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Philippine gaming company PH Resorts Group Holdings has received the go-ahead from the Securities and Exchange Commission to issue Ps18.5bn ($351.92m) of shares in a follow-on offering.
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India’s largest telecommunications service provider Vodafone Idea has received the green light from its board to raise Rp250bn ($3.51bn) from a rights issue.
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Kier Group shares perked up by as much as 1.6% on Tuesday after the UK construction company said it had parted ways with its CEO following the completion of its troubled £264m rights issue.
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Chinese property manager Country Garden Services Holdings has pocketed HK$1.96bn ($249.9m) from a top-up placement of new shares.
