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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 telecoms giant Reliance Communications raised Rs48bn ($800m) on June 25 via an increased qualified institutional placement that had plenty of investors putting in large orders. -
Agricultural Bank of China (ABC) and the London Stock Exchange (LSE) are exploring how to launch renminbi-denominated Global Depository Receipts (GDRs) in the UK in what would be a landmark development of the offshore RMB market, two market sources have told GlobalRMB, a sister publication of GlobalCapital Asia.
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Banco Comercial Portugues has launched a €2.25bn rights issue to finance the repayment of €1.85bn of state hybrid capital lent to the firm during its bailout by Portugal.
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Snack maker Uni-President China Holdings’ one for five HK$3.38bn ($423m) rights issue was extremely well received by shareholders, with the transaction ending up more than nine times covered.
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Imperial Innovations, a subsidiary of Imperial College London that manages and invests in intellectual property, raised £150m through a sale of new shares on Monday that will allow it to further increase its portfolio.
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India’s equity markets will be hit by a flood of placements by state-owned enterprises after the Securities and Exchange Board of India (Sebi) said on June 19 that all listed companies in India need to have a minimum public float of 25%.
