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Payment processor's shares dropped to new low on Thursday
Large capital increase led to high volatility in the stock
Tirlán sells €230m block in Glanbia to buy back bonds
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Share price bounces 7.5% as investors digest 13 for 20 deal -
Doubts linger over IPO market but some hope 2025 will be the year of sell-downs
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Major shareholders underwrite the deal
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Deal to help Peach tackle next year’s bond maturity
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More dilution to come
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Rights issue will allow shareholders to buy shares at a 99.4% discount to Wednesday’s closing price
