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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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Indonesian paper manufacturer Fajar Surya Wisesa started gauging interest on Thursday for a primary capital increase worth as much as Rph3.9tr ($260m) at its market price. -
South Korea’s Lotte Tour Development has raked in W215.8bn ($191.3m) after wrapping an oversubscribed rights issue.
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The impasse at Bandhan Bank looks set to be resolved after the Indian markets regulator waived its lock-up requirement for newly-listed firms, allowing the lender to comply with central bank demands for it to sell shares.
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Azure Power Global, the Indian solar energy producer, raised $185m from a follow-on offering after its Canadian shareholder stepped in to buy more shares than expected.
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Singapore-listed Hong Leong Asia plans to raise S$202.3m ($146.3m) from a rights offering to help pay for a land acquisition in the city-state.
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Canara Bank has waived through a plan to raise new equity to the tune of Rp60bn ($830m) from a qualified institutional placement.
