LONDON (Thomson Financial) - Wagon Plc. said it sees less than 25 percent of
the company ending up in public hands after its rights issue.
The auto components group said on Monday it had valid acceptances for 241.99
million shares, or about 19.86 percent, of the total number of rights issue
shares.
The company said the remaining 976.66 million shares will be subscribed for
by the underwriters.
TFN.newsdesk@thomson.com
ssa/ms1
COPYRIGHT
Copyright Thomson Financial News Limited 2008. All rights reserved.
The copying, republication or redistribution of Thomson Financial News Content,
including by framing or similar means, is expressly prohibited without the prior
written consent of Thomson Financial News.
|