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Cypriot night vision goggles manufacturer has benefited from defence industry boom
Capital raise successful amid share volatility
Military goggles maker Theon starts €150m rights issue
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The rump auction following the rights issue of Banca Carige, the Genoese bank, was closed early after two days on Monday, but participants in the deal have to wait till Thursday to find out how many of the buyers will subscribe for the up to €167m of shares.
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Savannah Petroleum, the UK oil and gas company focusing on African exploration, has secured a partnership with ASMA Capital Partners, a Bahraini fund manager which invests on behalf of the Islamic Development Bank, as part of its equity capital raising, which is set to be priced today.
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Mainland property developer Sunac China Holdings has raised HK$7.8bn ($1bn) from an upsized overnight top-up placement.
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Shareholders have piled into China Power International Development’s HK$4.5bn ($573m) rights issue, putting in orders for double the amount of available stock.
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Savannah Petroleum, the UK oil and gas company focusing on African exploration, has announced a range of 40p to 50p a share for a follow-on share placing to fund its acquisition of the Nigerian oil and gas assets of Seven Energy.
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Indian ECM bankers are lining up for a bumper end to the year, with a string of state-owned financial institutions preparing qualified institutional placements (QIPs). Jonathan Breen reports.