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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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The Indian government has hit the market with a mammoth block sale of up to Rp148.6bn ($2bn) in Coal India, as the state looks to add some much-needed weight to its 2018/19 divestment target. -
The UK’s The Restaurant Group (TRG) has agreed to buy compatriot pan-Asian dining chain Wagamama, and is set to finance the bulk of the deal by raising £535m through new debt and a rights issue.
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JSW Steel’s board of directors has given the go ahead for an up to Rp50bn ($682.1m) rights issue, according to an exchange filing on Thursday.
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Philippine conglomerate San Miguel Corp raised Ps34.1bn ($634.2m) on Thursday after selling shares in subsidiary San Miguel Food and Beverage at the bottom of the price guidance.
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Philippine Savings Bank is planning a fresh capital raise worth up to Ps8bn ($148.4m) next year.
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Zur Rose, the Swiss online pharmacy that went public last year, plans to raise Sfr200m via a rights issue to fund its takeover of the e-commerce operations of Medpex, a competitor in Germany.
