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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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Fomento de Construcciones y Contratas, the Spanish construction company, said on Thursday that it had received a 99.72% take-up on its €710m rights issue, which was placed without banks. But the market will have to wait till next week to find out how large Carlos Slim’s stake in the firm is now.
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Fomento de Construcciones y Contratas, the Spanish construction company, released the take-up figures for its rights issue on Thursday.
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The Indian government has set its divestment target for the next financial year beginning April at Rp360bn ($5.3bn), cutting its goal for share sales to nearly half of this year’s objective.
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The board of Sponda, the Finnish property investment firm, has decided to raise €220.8m in a rights issue to partially repay a bridge loan.
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China’s state-owned Jiangxi Copper Company is lining up an A-share and H-share placement to raise a combined Rmb7bn ($1.07bn), according to a filing with the Hong Kong Stock Exchange.
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Saipem, the Italian oil and gas engineering group, failed to sell all of its €3.5bn rights issue to shareholders by last Friday, in an ominous sign for other commodities firms that may still need to raise fresh capital.