Top Section/Ad
Top Section/Ad
Most recent
Shipbuilder's shares fall 10% after capital raise
Italian shipbuilder is expanding capacity on strong defence demand
Deal priced at 1% premium to Monday's close
More articles/Ad
More articles/Ad
More articles
-
Oceana Group, a South African fishing company incorporated nearly a century ago and listed in Johannesburg, intends to raise R1.2bn ($94m) through a rights issue.
-
The Indian government has ridden to the rescue of its ailing state-owned banks, promising to plough more capital into them to help shore up their tier one ratios. But a capital boost is no answer to the myriad problems facing the country’s public sector lenders. India needs to take a more radical approach.
-
Indian toll road operator IL&FS Transportation Networks is seeking shareholder approval for an up to Rp10bn ($157m) fundraising to support its future growth plans.
-
Tele Columbus, the German cable company, is planning a €240m capital increase with pre-emptive rights to finance acquisitions.
-
Filipino property firm DM Wenceslao and Associates Inc has filed for a listing to raise $200m, in a deal led by BPI Capital, Citic CLSA Securities, Deutsche Bank and Maybank. The float is expected to go live in the fourth quarter of this year, say bankers.
-
Spain’s construction and energy company Abengoa on Monday announced an unexpected €650m capital raise, which triggered immediate selling in its shares and bonds.