Market not satisfied with Nampak’s smaller rights offer

The share price of packaging group Nampak slumped to its lowest intraday level in four weeks as the group announced a reduction in the size of its proposed rights offer from as much as R2bn to no more than R1.5bn.

The debt-laden company also revealed its exit from Nampak Nigeria Metals and East African businesses that have been hammered by currency volatility...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Ghana and capital market operators agree on domestic debt exchange termsGhana's government and the Ghana Securities Industry Association (GSIA) have reached an understanding on the terms of participation by capital market operators in the country's domestic debt exchange (DDE) programme, they said on Friday.
Sumber: ReutersAfrica - 🏆 31. / 53 Baca lebih lajut »

Intel’s ‘historic collapse’ erases $8bn from market valueBrokerage Bernstein says deterioration is stunning and company plans are ‘fantasy’
Sumber: BDliveSA - 🏆 12. / 63 Baca lebih lajut »