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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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Shares in Steinhoff have fallen by over 12% in trading on Tuesday as the firm informed the Dutch regulator that it would not be publishing its 2017 financial results by January 31. -
Philippine property developer Robinsons Land Corp is looking to raise Ps20bn ($389.2m) through a rights issue.
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Prisa, the Spanish media conglomerate that owns El País, has launched its fully underwritten €563m rights issue after it was approved by CNMV, the Spanish market regulator, on Thursday.
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Hong Kong’s stock market is in the grip of another euphoria-driven rally, with the Hang Seng Index smashing record after record this week. As Chinese investors pile into equities, parallels are being drawn to 2015, when a similar China-led bubble ended in tears. But this time is different, say market watchers. John Loh reports.
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Bank of America Merrill Lynch’s Akram Zaman is returning to the US after a three year stint in Asia to head the equity syndicate desk in New York, according to sources.
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Guotai Junan International raked in HK$1.99bn ($255.2m) from an H-share placement on Wednesday, its first tap of the equity capital markets in over three years.
