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In a rights issue, a firm seeks extra funds from its investors in proportion to their current shareholding.
Shares of the British supermarket chain J Sainsbury rose as much as 20percentt last Thursday because some investors had expected Qatar to make a takeover bid or try to increase its current shareholding of about 15percentt.
But politicians call the shots, and that will become even clearer as Airbus ploughs through the most turbulent period in its 36-year history.The current shareholding structure of EADS has become unstable, given the strains on its financial situation.
What we also know is that Netlog's online gaming division, Gatcha!, will be structured into a separate business unit, and that the current shareholding structure of Netlog will remain unchanged in its transition to a property of the Massive Media group.
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The carmaker, which recently said it would post an operating loss in the first quarter, is increasing its share capital by 10.0% to accommodate the new investor, diluting its current investors' shareholdings by the same amount.
"They will be joined by a number of other investors in a limited partnership that will include current CPFC2010 shareholders, Stephen Browett, Jeremy Hosking and Martin Long, who will all retain a substantial shareholding.
They would require the enlarged company to spin off Sky News for at least 10 years, capping News Corp's shareholding at its current 39.1%.
Sir Ian Wood, the departing chairman and grandson of the company's founder, said he had no current intention to sell his 2.4% shareholding.
It may also loosen the current stringent restrictions on voting rights and shareholding by a single group that apply to all Indian banks.
But the Scottish FA has called Rangers and the English businessman to March hearings about his dual interests in the clubs, having already blocked his desire to increase his shareholding at Ibrox above his current 8.92% holding.
Neither letter specified the terms of the alliance, but it would likely involve cross-shareholdings, possibly similar to the current Nissan-Renault arrangement.
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CEO of Professional Science Editing for Scientists @ prosciediting.com