Top Section/Ad
Top Section/Ad
Most recent
Qualifying shareholders take up 68% as remainder stays with conditional placees
Underwriting left unused after deal is 33% oversubscribed
Shareholder-backed recapitalisation will help reduce debt and prepare assets for sale or listing
Placing and open offer follows recent acquisition of US annuity provider
More articles/Ad
More articles/Ad
More articles
-
The underwriters of a rights issue by Royal Imtech have been left with a big chunk of the Dutch engineering firm after its rights issue received low take-up last week.
-
Mothercare completed a rights issue that will fund its digital and international expansion on Monday, with a rump placing for the shares that went unsold in the deal.
-
Shangri-La Asia is looking to raise as much as HK$5.2bn ($670m) from a one-for-seven rights offering, as the luxury hotel operator aims to save on costs by repaying its bank loans with the new funds. -
The shareholders selling some of their holdings in Indonesia’s Link Net have cut the size of their trade by 32% to Rph5.5tr ($460m), after volatile market conditions dampened investor appetite.
-
Dutch engineering firm Royal Imtech received only 51% take-up on its rescue rights issue, it said on Wednesday evening as it began a sale of the shares that went unsold.
-
Spanish infrastructure and environmental services firm FCC is to ask shareholders for permission to raise sell shares to repay part of a €4.5bn refinancing agreed earlier in the year.
