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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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Malaysia Airports Holdings (MAH) is expected to conduct a private placement of new shares worth 10% of its existing share capital in early March, according to a banker close to the deal.
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The son of former Malaysian prime minister Mahathir Mohamad, Mokhzani Mahathir, sold MR818m ($248m) worth of shares in SapuraKencana Petroleum on February 18 via a private placement.
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Prime Office received nearly complete take-up for its €130m rights issue last week, and successfully sold the remaining shares through a private placement.
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With the UK public eyeing the value for money from the government's sale of its stake in Lloyds Banking Group this year, will the involvement of retail investors prove more hassle than it's worth?
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IP Group, the UK patent marketing firm, has increased the size of its capital raising from £75m to £100m, selling over 60.6m shares for 165p each.
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French directories firm Solocal is set to raise €440m through a capital increase that will form part of a refinancing plan allowing the firm to fund its digital transformation plan.