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UK company acquires US firm OrthoLite for $770m
Offering price at 30.4% discount to Terp
Company predicts €1.6bn net loss in FY2024 due to write-downs
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China Logistics Property Holdings Co built up strong demand for its HK$778.8m ($100.4m) placement on Tuesday evening, but its stock came under selling pressure the following day. -
UP Fintech Holding's follow-on offering in the US drew a 10 times oversubscribed book, as its fintech credentials and online operations proved appealing to investors.
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UP Fintech Holding has launched a follow-on offering of new American depositary shares (ADS) worth around $173.5m.
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Property developer C&D International Investment Group has raised HK$942.5m ($121.5m) from a top-up placement to expand its land reserves.
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French engineering company Vallourec has launched its €300m rights issue, a crucial part of its restructuring, which will help return its balance sheet to a sustainable footing, but leave Apollo and Strategic Value Partners, creditors of the firm, as the largest shareholders.
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French engineering company Vallourec has unveiled plans for a €300m rights issue to help return its balance sheet to a sustainable footing, following a recovery in the oil industry after the slump in demand caused by the Covid-19 pandemic.
