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UK company acquires US firm OrthoLite for $770m
Offering price at 30.4% discount to Terp
Company predicts €1.6bn net loss in FY2024 due to write-downs
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The UK government’s steps to reopen its economy are proving a boon for Whitbread, the parent of Premier Inn and Beefeater Restaurants, which is set to complete a £1bn rights issue on Wednesday. -
Sembcorp Marine is looking to tap shareholders for S$2.1bn ($1.5bn) from a rights issue to help repay debt held by a subsidiary.
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Stobart, the UK infrastructure and aviation company which owns London Southend airport and was a part owner of UK airline FlyBe, won wide support from equity markets on Thursday evening, giving the company the funds to manage through the coronavirus pandemic.
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Reliance Industries raised Rp531.2bn ($7.04bn) this week from India’s largest ever rights issue and the company’s first primary equity offering for over 25 years.
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Real estate developer China Vanke raised HK$7.89bn ($1.02bn) on Wednesday from a sale of fresh equity.
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Ina Invest Holding, the real estate development division of Swiss construction company Implenia, has announced a Sfr100m at-market rights offer that will complete the spin-off of the company on the SIX Swiss Exchange.
