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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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Zhejinag based property developer Zhong An Real Estate received approval from the Hong Kong Stock Exchange on February 28 to spin-off its commercial properties business, China New City Group. -
A flood of liquidity from Vodafone’s sale of its Verizon stake last year is set to be returned to investors next week, prompting some bankers to suggest that this could be the perfect time for the UK government to sell a chunk of its 32% stake in Lloyds Banking Group.
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UK insurer RSA, which took on Stephen Hester as its chief executive earlier in the month, announced a £775m rights issue on Thursday as part of a plan to fix its weak performance and capital position.
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UK engineering firm Costain Group hopes to raise around £75.1m through the sale of almost 33.8m new ordinary shares.
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UK engineering firm Costain Group hopes to raise around £75.1m through the sale of almost 33.8m new ordinary shares.
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British insurer RSA, which took on Stephen Hester as its chief executive earlier in the month, launched a £775m rights issue on Thursday as part of a plan to fix its weak performance and capital position.
