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31 Oct
14:33

Cognor seeks approval for public offering re-run

Cognor has requested approval from Poland’s financial supervision authority for the renewal of its secondary public offering, Kallanish learns from the steelmaker. Earlier this month the producer suspended the share issue until further notice due to unsatisfactory demand for the shares offered (see Kallanish 16 October). Cognor had planned to raise up to PLN 101 million ($27.7m) that was to be used to restructure debt (see Kallanish 27 September). …
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