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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
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'Phenomenal success' of retail offering allows state to exit
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Sale oversubscribed on first of three offering days
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Rieter will conduct Sfr400m rights issue in fourth quarter to finance Barmag acquisition
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Second equity offering of European FIG company this week
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Deal is first big ECM deal launched since US tariff imposition
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Italgas shareholders approve €1bn rights issue