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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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Nasdaq-listed China Mobile Games and Entertainment Group (CMGE) is tapping the US equities market for $100m of new capital, launching a placement of new American Depositary Shares on March 14. -
Indosat, one of Indonesia’s largest telecommunication networks, has sold $122m worth of shares in Tower Bersama Infrastructure.
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Indian travel website MakeMyTrip priced a $126m follow-on on March 13 in a transaction that was enlarged by 22%.
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Two of Greece’s largest banks are set to approve a total of €3bn of capital raises later this month, as the country’s financial sector tries to move clear of its troubled past.
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Indian travel website MakeMyTrip is marketing a follow-on deal worth up to $115m this week, comprising both primary and secondary shares, with a view to pricing the trade by Friday.
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MAS Real Estate has raised R2.74bn ($253.1m) through the sale of almost 274m new shares, increasing the size of its free float on both the Euro-MTF and the AltX in Johannesburg.
