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The Vereniging van Effectenbezitters (VEB), a Dutch investors' association, is set to take real estate firm NSI to court over a €300m capital raise late last year that it says unfairly excluded small investors.
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OP-Pohjola Group Central Cooperative, the parent company of Pohjola Bank, has made a public bid for all of the shares of the Finnish bank it does not already own.
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Bankers have renewed criticism of Turkish legislation that prohibits a company from buying its own shares using an advance, loan or security. -
India plans to sell up to Rs5.05bn ($81m) worth of shares in Engineers India on Thursday as the government continues with its disinvestment policy that remains a long way off its target for the current fiscal year.
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The State Bank of India’s Rs80.1bn ($1.3bn) block on January 30 may rank been the country’s biggest ever qualified institutional placement (QIP) but bankers were left frustrated by the structure and the process which meant there was a four-day gap between books closing and finalising allocations.
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The Vereniging van Effectenbezitters (VEB), a Dutch investors' association, is set to take NSI to court over a €300m capital raise late last year that it says unfairly excluded the real estate firm's small investors.
