Top Section/Ad
Top Section/Ad
Most recent
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
More articles/Ad
More articles/Ad
More articles
-
Plenty Gold Enterprises raised HK$1.12bn ($143m) after reducing its controlling stake in China’s Sihuan Pharmaceutical Holdings Group on March 17. -
Costain completed a capital raise on Monday that will help the UK construction firm compete for contracts.
-
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.
-
Indian travel website MakeMyTrip priced a $126m follow-on on March 13 in a transaction that was enlarged by 22%.
-
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.
