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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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Tritax Big Box Reit, the UK real estate investment trust focused on ‘Big Box’ warehouse assets, has completed its tenth capital increase since its IPO on the London Stock Exchange in December 2013. -
Earnings growth in Europe appears to be slowing with a number of corporates missing estimates as they report their latest numbers — increasing the chance that issuers will need to turn to equity markets to raise primary capital.
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Pinduoduo, a Nasdaq-listed Chinese e-commerce company, has raised $1.38bn from a follow-on offering.
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Just six months after listing on the Nasdaq, Chinese start-up Pinduoduo is back in the equity market to raise around $1bn from a follow-on offering.
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LetterOne, the largest shareholder in troubled Spanish retailer Dia (Distribuidora Internacional de Alimentación), has unveiled a tender for the group’s shares, along with a plan to inject €500m of equity, as an alternative to the existing management plan for the group. The share price bounced on the news, but bondholders need more clarity about LetterOne’s intentions — and about what will happen to the firm’s €1.3bn of trade payables.
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Greencoat UK Wind, the UK infrastructure fund focused on wind farm development, has begun the deal roadshow for its latest £131m capital increase.
