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02 Jan
17:25

S+B completes capital increase

Swiss-headquartered longs' specialist Schmolz+Bickenbach has successfully concluded a share offering in the context of its announced capital increase. Slightly more than 1 billion shares were sold and are to be issued in the capital increase, which translates to proceeds of CHF 325 million ($334m). Following the completion of the international offering, the offer price was set at CHF 0.30 per share. Upon completion of the capital increase, the total number of …
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