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French biotech seeks to accelerate cancer vaccine program
Payment processor's shares dropped to new low on Thursday
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Empiric Student Housing, the UK real estate investment trust, raised £110m in its sixth equity issue since its £85m IPO in June 2014. The deal fell short of its £150m target, amid a busy calendar of Reit and closed-end fund equity raisings.
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InterGlobe Aviation is planning to hit screens with a Rp49bn ($762m) fundraising as the Indian low cost airline looks to meet public shareholding requirements. -
Gecina, the French real estate investment trust focused on residential, office and healthcare properties, will raise €1bn through a fully underwritten rights issue to partly refinance its acquisition of Eurosic.
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Kelvin Leung has left Citic CLSA Securities as head of syndicate for equity capital markets after a year on the job.
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In just three days this week, Carillion, the UK construction and support services group, lost 70% of its value, prompting fears of a debt-to-equity swap. This anguish comes only five months after Carillion raised €112m in the Schuldschein market, which is unused to defaults, write Silas Brown and Jon Hay.
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Equiniti, the UK provider of payment and administration services, has launched a fully underwritten rights issue to partly finance its takeover of Wells Fargo’s share registrar unit.
