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Capital raise successful amid share volatility
Military goggles maker Theon starts €150m rights issue
French biotech seeks to accelerate cancer vaccine program
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China’s Autohome, an online platform for automobile consumers, has opened books for a follow-on offering of 8.5m American Depositary Receipts (ADSs), which could raise proceeds of as much as $368.10m. -
Società Cattolica di Assicurazione, the Italian insurance company undertaking a €500m rights issue, looks set to provide its underwriters with a nervy few weeks. The shares began trading ex-rights on Monday and have already fallen to within 14% of the subscription price.
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Lotos, the Polish oil refiner, on Thursday set pricing on a Z1bn ($294m) rights offer that it has been planning to finance investments in its refineries and oil fields.
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Lotos, the Polish oil refiner, on Thursday set pricing on a Z1bn rights offer that it has been planning to finance investments in its refineries and oil fields.
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Malaysia’s IOI Properties is looking to raise MR1.03bn ($306.51m) in a rights issue to finance the development of a golf course-based resort city near the central administrative capital.
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Following an independent valuation, Malaysia-based stationery maker Pelikan International Corp has shrunk the size of a rights issue that it will use to fund a restructuring.
