51. But spokesman Jasper Fransa would not comment further on how Nutricia will raise the extra funds or whether it is considering a new share issue. 52. Formally, the new share issue will require the approval of existing Avtovaz shareholders, whose holdings will be diluted by half under the deal. 53. Jiang proposed a shake-up of ailing state firms, including sell-offs, share issues, takeovers and other capitalist remedies that appeal to liberals. 54. Last week, Potanin threatened to begin bankruptcy proceedings against Avtovaz unless management agreed to the share issue. 55. LVMH hopes an investigation will lead to the cancellation of the two share issues, clearing the way for a successful takeover. 56. Once a share issue is done, the tendency is for most companies to all but forget the stock market and share prices. 57. Potanin has used a similar bankruptcy threat to force management at other large companies to agree to a share issue to pay off tax debts. 58. Shanghai, the Chinese commercial capital, was a fitting location for the share issue. 59. Sporting, which is now run as a private company, recently held a successful share issue and has requested a listing on the Lisbon Stock Exchange. 60. The bank said it intended to boost its capital via a third-party share issue. |