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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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Shares in BW Offshore, the Norwegian floating oil storage vessel owner and operator, have fallen 69% after its shares began trading ex-rights on Wednesday, ahead of its $100m rights issue.
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Electricité de France has named 16 banks to underwrite its €4bn rights issue, of which €3bn will be bought by the French government.
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Amid the chaos in global markets on June 24, the IPO of Veneto Banca reached its expected conclusion: the book closed almost empty and the listing was cancelled, leaving Fondo Atlante, the Italian bank rescue fund, to provide the €1bn of capital Veneto had to raise.
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Electricité de France has named four banks to lead its €4bn rights issue, of which €3bn will be bought by the French government.
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Pacific Basin Shipping has closed its HK$1.2bn ($150.6m) rights issue with a hefty 10x oversubscription, the company said in a filing with the Hong Kong exchange.
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SSAB, the Swedish steel company, announced on Wednesday morning that its Skr5bn (€536m) seven-for-eight rights issue, led by Crédit Agricole, Handelsbanken, Nordea and Swedbank, had been oversubscribed by 38%.