Bharti Airtel kicks off jumbo $3.5b rights issue
India’s leading telecom operator follows its rival to raise a huge pile of fresh capital in order to sustain a prolonged price war between the major telcos.
May 02, 2019
Joy City Property, Cofco Group’s real estate business, aims to raise up to HK$6.36 billion ($820 million) in a rights issue to help pay down the December acquisition of Joy City Malls.
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