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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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Zur Rose, the Swiss online pharmacy, has completed its Sfr200m ($200.8m) at-market rights issue to fund the acquisition of a German e-commerce platform, following the sale of a rump placement on Wednesday evening. -
Thailand’s Strategic Hospitality Extendable Freehold and Leasehold Reit is set to launch a Bt3.96bn ($120m) sale of new units next month.
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Kongsberg Gruppen, a Norwegian supplier of technology systems to the offshore oil and gas sector, has finished a Nkr5bn (€513m) rights issue with a healthy level of oversubscription.
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Huatai Securities, the Chinese asset management business, has filed an intention to float document for a $500m London listing of global depositary receipts, the first under the new Shanghai-London Stock Connect segment of the London Stock Exchange.
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Zur-Rose, the Swiss retail pharmacy, has set the terms on its Sfr200m new share issuance, to fund the acquisition of Medpex’s e-commerce activities.
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The Restaurant Group, the London-listed owner of Frankie & Benny’s, is pressing ahead with the £315m rights issue it announced last month to finance its acquisition of Wagamama, the Japanese restaurant chain, despite concern from some investors over the rationale for the takeover.
