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18 Mar
12:27

Swiss Steel completes capital increase, Vekselberg objects

Swiss Steel Holding has successfully carried out its projected capital increase, with now around 1 billion new registered shares placed, of which some 900 million were subscribed for by existing shareholders. The offer price was set at CHF 0.24 ($0.26) per new share, in line with the company’s current listed price on the stock market, Kallanish learns.   The group will raise gross proceeds of CHF 247 million from the capital increase. The net proceeds o…
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