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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
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Mobile network operator Idea Cellular launched a Rs30bn ($507m) primary placement on June 6 in what could be the third largest ECM trade in India so far this year.
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Deutsche Bank has set pricing on its €6.75bn rights issue, which is set to finish at the end of June.
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Deutsche Bank has set pricing on its €6.75bn capital raise, which is set to finish at the end of June.
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Snacks maker Uni-President China Holdings opened subscription for its HK$3.38bn ($423m) one for five rights issue on Wednesday.
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Cyprus based offshore supply firm Deep Sea Supply has raised Nk41.206bn ($200.76m) through the sale of 134m new shares to fund the acquisition of 10 new platform supply ships.
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Instant noodles and snacks maker Uni-President China Holdings is poised to open subscription for its HK$3.38bn ($423m) one for five rights issue on June 4.