Tuesday, 19 January 2021

Tag Archives: Equity

Metro Bank says well advanced in equity raising plan

LONDON: Metro Bank Plc’s plan to raise about 350 million pounds ($455 million) of equity capital to support its growth is well advanced, the British bank said in a statement. The company said it had started final discussions with existing and new shareholders and feedback has been positive. The equity ...

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UK’s Aldermore agrees £1.1 billion takeover by FirstRand

South African lender FirstRand has agreed a £1.1 billion takeover of British banking newcomer Aldermore Group to boost its business in developed markets. The 313 pence per share offer represents a 22.3% premium to Aldermore’s closing price of 245 pence on October 12, the day before the companies announced they ...

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Pakistan ahead of India in Inclusive Development Index: World Economic Forum

LONDON: Pakistan has been ranked 52nd, ahead of India (60th), among 79 developing economies in the Inclusive Development Index, according to a World Economic Forum (WEF) report. WEF’s ‘Inclusive Growth and Development Report 2017’, released in Davos, Switzerland on Monday, said that most countries were missing important opportunities to raise ...

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