(ANSA) – MILAN, JULY 13 – Another session of ‘technical’ collapse for Saipem on a day in which the unopted on the increase was also closed. The stock, also nervous today, with several suspensions in the volatility auction, recorded a decline of 43% to 1.10 euros.
The auction of unexercised rights for the 2 billion euro capital increase closed with subscriptions for 9.9% of the total offer. Overall, the offer of 95 new shares for each share held, for a total of 1.97 million shares and a consideration of approximately € 2 billion, received 79.9% subscriptions, of which approximately 44% from part of Eni and Cdp shareholders. The remaining 20.1% will be absorbed by the banks.
The outcome of the operation is expected on Friday. (HANDLE).
I have been working in the news industry for over 10 years now and I have worked for some of the biggest news websites in the world. My focus has always been on entertainment news, but I also cover a range of other topics. I am currently an author at Global happenings and I love writing about all things pop-culture related.