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Military goggles maker Theon starts €150m rights issue
French biotech seeks to accelerate cancer vaccine program
Payment processor's shares dropped to new low on Thursday
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Cairn Homes, the Irish housebuilder that floated in London for €440m last June, completed its second post-IPO capital raising this week, raising €175m to buy further land for development.
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Delta Lloyd, which last week won a shareholder vote to execute a rights issue despite public criticism of the deal from some of its investors, on Wednesday released details of the trade.
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Several large banks active in European ECM breathed a sigh of relief this week, as they completed the tortuous IPO of German wind turbine marker Senvion — one of only a few listings on offer in the quiet lead-up to Easter.
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GlobalCapital announces the results of its Equity Capital Markets Awards for 2015, following our inaugural ECM Awards Dinner, in London on March 16.
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Delta Lloyd, the Dutch insurance firm, received shareholder approval on Wednesday for a rights issue to strengthen its solvency, after a bitter fight with some of its investors, who publicly criticised the planned deal.
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Delta Lloyd’s largest shareholder continues to oppose the Dutch insurance company’s planned rights issue, which it said on Monday was “massively dilutive” and would “unnecessarily overcapitalise the company at the expense of shareholders”.