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February 24, 2020
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Reuters - Business

China firms in $10 billion share sale rush as funding rules eased amid virus worries

Reuters
SHANGHAI (Reuters) – Listed Chinese companies are queuing up to issue shares and have already announced plans to raise more than $10 billion in the past week after fundraising rules were relaxed to help ease cash strains caused by the coronavirus. FILE PHOTO: A woman wearing a face mask crosses......
Reuters - Business

Tesla seeks to tap into stock surge with $2 billion share sale

Reuters
(Reuters) – Tesla Inc on Thursday announced plans to raise $2 billion in a stock offering, tapping into an astronomical jump in its share price over the past few months and reversing the electric-car maker’s often-stated policy of avoiding sales of new stock. Tesla said it would offer 2.65 million......
Reuters - Business

Austria’s AMS aims for domination agreement with Osram

Reuters
FILE PHOTO: The logo of German lighting manufacturer Osram is illuminated at the company’s headquarters in Munich, Germany, September 16, 2019. REUTERS/Andreas Gebert/File Photo VIENNA (Reuters) – Austrian sensor specialist AMS (AMS.S) (AMS.VI) made clear on Monday that it aims to secure a so-called domination agreement with Osram (OSRn.DE) to......
Reuters - Business

Exclusive: China’s Ant aims for $200 billion price tag in private share sales – sources

Reuters
HONG KONG/BEIJING (Reuters) – Ant Financial [ANTFIN.UL] shares are being offered privately at levels which value the Chinese financial giant at $200 billion, two people with knowledge of the discussions said, lifting it up the ranks of the most valuable unlisted companies. FILE PHOTO: Employees are seen at the reception......
Reuters - Business

Saudi Aramco raises IPO to record $29.4 billion by over-allotment of shares

Reuters
FILE PHOTO: The logo of Saudi Aramco is seen at Aramco headquarters in Dhahran, Saudi Arabia May 23, 2018. Picture taken May 23, 2018. REUTERS/Ahmed Jadallah/File Photo DUBAI (Reuters) – State-owned oil company Saudi Aramco said on Sunday it had exercised its “greenshoe option” to sell an additional 450 million......
Reuters - Business

Saudi Aramco raises IPO to record $29.4 billion through greenshoe option

Reuters
DUBAI (Reuters) – State-owned oil company Saudi Aramco said on Sunday it has exercised its “greenshoe option” to sell an additional 450 million shares, raising the size of its initial public offering (IPO) to a record $29.4 billion. FILE PHOTO: The logo of Saudi Aramco is seen at Aramco headquarters......

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