Shares in Europe's largest shipbuilder, Fincantieri fall on media report citing 1bn euro cap hike

  • 11/24/2021
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Shares in Italy"s Fincantieri extended losses on Wednesday and fell more than 3%, after daily Il Messaggero reported that the shipbuilder could launch a capital increase of 1 billion euros ($1.12 billion). The rights issue would be linked also to a potential offer by Fincantieri to buy assets of Italian defence group Leonardo , the daily said. Fincantieri declined to comment on the press report.

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