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AkzoNobel Starts 300 Million Share Buyback on Dec. 7, 2020

2020-12-07 14:00:41| Coatings World Breaking News

Completion is due in the first half of 2021.

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HSBC share price rockets 50% since its 25-year low

2020-12-03 03:34:46| BBC News | Business | UK Edition

Investors feel the UK's biggest bank's outlook has improved after slumping in September.

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Xiaomi to raise USD 4 bln for expansion in share, bond sale

2020-12-02 13:27:00| Telecompaper Headlines

(Telecompaper) Xiaomi announced plans to raise USD 855 million in a convertible bond issue and another USD 3.1 billion in an underwritten share issue. The proceeds will be used for working capital and investments. 

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Sinch raises SEK 3.3 bln in share sale, Softbank takes 10% stake

2020-12-01 12:35:00| Telecompaper Headlines

(Telecompaper) Swedish provider of cloud communications for mobile customer engagement Sinch said Softbank subsidiary SB Management will own approximately 10.1 percent of the company following a share issue and sell-down by larger shareholders of existing stock. Proceeds from the issue will be used to support potential acquisitions, a strategy that has the backing of SB Management.

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Xiaomi to pounce on Huawei market share with $4bn share sale

2020-12-01 01:00:00| Total Telecom industry news

Today, reports suggest that Chinese smartphone maker Xiaomi is poised to sell 1 billion shares in an effort to raise $3.2 billion, with a further $855 million to be generated from a seven-year, zero-coupon convertible bond.    In total, the company is aiming to raise around $4 billion to expand its operations, particularly in order to capitalise on the continuous international pressure of their domestic rival Huawei…read more on TotalTele.com »

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