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The Philippine bank gets the go-ahead for its proposed rights issue and says it will fix the price on June 5 at a discount of up to 20% to 25% versus the 10- to 15-day VWAP.
By Anette Jönsson | 28 May 2012
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The Singapore bank will also make an offer to minority shareholders at a 52.2% premium to the latest close, which could potentially increase the acquisition cost to $7.2 billion.
By Anette Jönsson | 3 April 2012
Indonesia's Bank Danamon sets an indicative price at a 15.8% to 28.1% discount to last Friday's close. The issue will open for subscription in mid-September.
By Anette Jönsson | 26 July 2011
India's Bank of Baroda raises $350 million and Korea's Woori pockets $500 million, both taking advantage of the current steepness in the yield curve between five and six years ...
By Mei Tuicolo | 31 March 2010
Chinese bank spending on technology will reach $11.3 billion by 2011, says Celent.
By Edward Russell | 4 January 2010
The state agency, which holds Woori shares on behalf of the government, raises $745 million from the sale.
By Anette Jönsson | 24 November 2009
The bank aims to convert an additional $27.5 billion of preferred shares held by non-government investors, making an offer that's hard to refuse.
By Anette Jönsson | 2 March 2009
UTI Bank and Central Bank could raise a combined $885 million and are expected to generate good demand owing to India's strong economic outlook.
By Anette Jönsson | 18 July 2007
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May 2012