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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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Existing shareholders have sprung into action to support Jardine Cycle & Carriage’s S$1.0bn ($729m) one-for-nine rights issue, with the deal ending up well oversubscribed.
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The chief executive and other top officers of Merlin Properties, the acquisitive Spanish real estate company, have been on the road this week, for the company’s second rights issue in three months, as it seeks €1.034bn to buy Testa, another property firm.
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Thai Union Frozen Products Public Company opened books for a Bt12.72bn ($371m) preferential public offering on Monday, July 20, following non-deal roadshows that brought some positive feedback from the investor community.
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The past few weeks in China’s boom-then-bust stock market have been a time to forget, but the volatility has not sapped bankers’ appetite for deals, with many still on the prowl as the market takes a breather going into the annual summer lull.
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Citigroup sold a 4.17% stake in Abengoa’s class ‘B’ shares in an accelerated bookbuild on Thursday night, for €97.6m.
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Cement maker and importer TCC International Holdings has wrapped up its HK$3.63bn ($468.23m) rights issue in style, with the deal oversubscribed by nearly 16%.