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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
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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. -
Malaysia Airports Holdings (MAHB) is looking to raise around MR1.32bn ($396m) via a rights issue which will go towards funding its acquisition of an airport in Turkey.
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The Islamic Republic of Pakistan has ditched plans to sell some of its shares in Oil & Gas Development Corp (OGDCL) as investors shunned the paper due to discontent with the pricing.
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German property firm Deutsche Annington Immobilien completed a €451m capital increase on Thursday, which it will use to buy new apartments.
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German robotics firm Kuka is set to raise funds through a sale of new shares to finance its acquisition of a Swiss logistics firm.
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Arcadis, the UK engineering consultancy, has raised €174m by selling new ordinary shares in a rights offering.
