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French biotech seeks to accelerate cancer vaccine program
Payment processor's shares dropped to new low on Thursday
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China Grand Pharmaceutical and Healthcare Holdings has tapped the equity capital market for HK$1.01bn ($130.9m), boosting its share price over 20% as a result. -
Shriram Transport Finance Co has scooped up Rp14.9bn ($199m) from a rights issue in India.
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IAG, the airline holding company which owns British Airways, has launched a €2.75bn (£2.49bn) rights issue to give it enough liquidity to withstand Covid-19 disruption until 2023.
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Capital markets are preparing for a resurgence in Covid-19 cases as infection rates rise in the US and Europe. Bankers and investors are digging in for a longer pandemic than they hoped for and capital raising plans are set for a complete overhaul, report Sam Kerr, Lewis McLellan and Tyler Davies.
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Mitie Group, the UK outsourcing and facilities management company has completed its £200m rights issue, with over 93% of shareholders taking up their shares with the remainder sold to the market on Wednesday morning.
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Chinese pharmaceutical company WuXi AppTec has raised HK$7.37bn ($950.4m) of fresh equity, in a hotly-anticipated tap of a new mandate to issue A-shares and H-shares.
