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Shipbuilder's shares fall 10% after capital raise
Italian shipbuilder is expanding capacity on strong defence demand
Deal priced at 1% premium to Monday's close
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UK insurer RSA launched its £773m rights issue on Tuesday —marking Stephen Hester's first big move as its new chief executive — as it looks to deal with a weak performance and capital position after a difficult year. -
Chinese online marketplace provider 58.com launched a follow on deal in the US on Monday night, which could be worth up to $370m when it prices on Thursday.
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The government of India raised Rs55.6bn ($911m) on March 21 after selling slightly less than half of its stake in one of the country’s largest private sector lender, Axis Bank.
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Tibona, the Swedish property firm, hopes to raise Skr292m ($45.43m) to fund the growth of its property portfolio.
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Nasdaq-listed China Mobile Games and Entertaintment (CMGE) raised $82.6m by selling new American Depositary Shares on March 20.
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British shopping centre REIT Intu launched a £500m rights issue on Thursday that will help it pay for the purchase of two new shopping centres, the first in what bankers say will be a run of capital raises for acquisitions over the year.
