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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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The shares left unsubscribed after Banco Popolare’s €1.5bn capital raise will be offered in a rump sale on Wednesday, after the deal was 99.138% successfully placed.
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Sweden’s Rezidor Hotels has set the terms for its Skr544m ($82.6m) rights issue, giving the shareholders the opportunity to subscribe for one new share for every six existing shares held.
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Banco Monte dei Paschi di Siena is expected to move ahead with a larger than planned capital raise after the board supported a move to increase the deal to €5bn.
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Intu, the British shopping centre real estate investment trust, has completed its £500m rights issue after investors took up 99% of the shares during the offer period.
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The National Bank of Greece will be the latest Greek bank to raise equity when it approves a €2.5bn capital raising next month.
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German biotechnology firm Paion will issue 18.5 new shares to finance its development across the US and Europe.