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Cypriot night vision goggles manufacturer has benefited from defence industry boom
Capital raise successful amid share volatility
Military goggles maker Theon starts €150m rights issue
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Indian film company Eros International launched a follow-on worth around $109m on July 7, offering a total of 7m shares to investors. -
Croatian fertiliser maker Petrokemija is set to raise Kn500m ($90m) that will help it modernise its plants.
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Bank of Cyprus is set to launch a capital raise ahead of the ECB’s stress tests — calling on shareholders, whose deposits were changed into shares last year, to help support the bank’s capital position.
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Construction firms Jaiprakash Associates and GMR Infrastructure took advantage of a buoyant Indian equities market by raising Rs15bn ($250m) each on July 3 via qualified institutional placements.
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South African furniture firm Steinhoff International completed a R7.8bn ($734m) accelerated bookbuild on Wednesday night, in the first step of a rights issue to repatriate funds ahead of a planned Frankfurt listing.
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Pakistan is finally back on equity investors' radars after years of absence, with two deals being priced in June alone. Although regulatory constraints have put off some investors, the country’s awakening is expected to transform its equity market, write Rev Hui and Rashmi Kumar.
