Tue Apr 5, 2016/Reuters Nigerian conglomerate UAC group has suspended a planned rights issue due to a weak equity market and shareholders had rejected a proposal to issue preference shares via a private placement, Chief Executive Larry Ettah said on Tuesday. Ettah said the capital raising would happen at subsidiary […]
Tag: share sales
Lloyds nets $775 million from St. James’s share sale
Lloyds Banking Group PLC has sold a 20 percent stake in wealth manager St (BSE: STCORP.BO – news) . James‘s Place for 520 million pounds gross ($775 million), in a long-flagged deal that boosts its capital reserves. The state-supported lender has sold 101.7 million shares for 510 pence per share, […]
