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Maroc - ZIMETRO.CO.ZW - A la une - 06/Aug 08:00
Pick n Pay Raises R4 Billion in Oversubscribed Rights Offer, Secures Market Confidence for Turnaround Strategy
The Pick n Pay Group has successfully completed its rights offer, raising R4 billion in capital with significant market support. The offer was oversubscribed by 106 percent, with total subscriptions surpassing R8 billion. Nearly 99 percent of shareholders exercised their rights, resulting in an additional R4.3 billion in excess applications. This strong response reflects shareholders’ […]
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