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Capital raise successful amid share volatility
Military goggles maker Theon starts €150m rights issue
French biotech seeks to accelerate cancer vaccine program
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Provident Financial, the embattled UK lender, has raised £344m though a rights issue, to pay regulatory fines and restore its balance sheet to health.
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Mapletree Greater China Commercial Trust (MGCCT) has hired banks to manage a S$323.1m ($246m) equity raise that will be used to buy some Japanese assets.
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Cherkizovo Group, Russia’s largest meat producer, has launched a $300m-plus secondary public offering on the Moscow Exchange to boost liquidity in its stock and raise funds for acquisitions and debt repayment.
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China is embarking on a trial programme to woo its homegrown technology giants, publishing guidelines for a China Depository Receipt (CDR) listing in the A-share market.
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Conviviality, the UK alcohol wholesaler that owns Bargain Booze and Wine Rack, plans to call in administrators after a £125m emergency capital increase failed to attract enough demand to keep the company afloat.
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Sanlam, the South African insurer and wealth manager, has raised R5.7bn ($489m) to finance its takeover of Saham Finances, the Middle East and Africa-focused insurance company.