BRB has canceled an extraordinary shareholder meeting that was to feature a vote on a capital increase of as much as $1.7 billion designed to cover a hole left by transactions with failed Banco Master https://t.co/SMEpZphmoo ...

Simpar's head said a recently announced capital increase has marked a shift for the company, which will focus on generating more cash and lowering debt after years of rapid expansion https://t.co/BtZE48CWuz ...

Core Viewpoint - CITIC Bank has approved a capital injection plan for CITIC Financial Leasing Co., Ltd., increasing its registered capital from RMB 10 billion to RMB 12 billion, which will enhance its market competitiveness and support the bank's strategic layout in serving the real economy [1] Group 1: Capital Injection Details - The board of directors approved the capital injection of RMB 2 billion using the bank's own funds [1] - The voting results showed unanimous support with 9 votes in favor and no opposition or abstentions [1] - After the capital increase, CITIC Bank will maintain 100% ownership of CITIC Financial Leasing [1] Group 2: Strategic Importance - The capital injection is part of CITIC Bank's strategic layout to support the real economy [1] - This move is expected to help CITIC Financial Leasing seize development opportunities and accelerate business growth [1] - The capital increase is not expected to significantly impact the bank's ongoing operations, profitability, or asset status [1]

Worldline SA says its board has approved a capital increase worth €500 million, confirming a Bloomberg News report https://t.co/wRJCuNSasc ...

Leonardo is selling a minority stake in rocket maker Avio through an accelerated placement to institutional investors to help fund the company’s €400 million ($467 million) capital increase https://t.co/0iFslAvyJY ...

Core Viewpoint - The company is set to increase its capital by issuing 526,364,998 Class B ordinary shares to Saudi Aramco and Sumitomo Chemical Company, contingent upon certain conditions being met as per the Subscription Agreement [1][2]. Group 1: Capital Increase Details - The approved capital increase involves the issuance of 526,364,998 Class B ordinary shares allocated to the Founding Shareholders, Saudi Aramco and Sumitomo [1]. - A key condition for the capital increase is the completion of a sale transaction between Saudi Aramco and Sumitomo, expected to be finalized within fifteen business days following the extraordinary general assembly's approval [2]. - The subscription proceeds amount to SAR 5,263,649,980, which must be deposited into the company's bank account within fifteen business days after the conditions are met [3]. Group 2: Procedural Steps - Upon the deposit of the subscription proceeds, the company must complete the issuance of the Class B ordinary shares and deposit them with the Securities Depository Center Company (Edaa) [3]. - The company will announce the completion of the sale transaction and the procedures for issuing and depositing the new shares in accordance with relevant laws and regulations [4]. - Shareholders are advised to refer to the Shareholders' Circular for detailed information regarding the capital increase, subscription terms, and related procedures [5].

Italian rocket maker Avio may consider a capital increase of as much as €300 million ($351 million) to strengthen its satellite-launch business, people familiar with the matter said https://t.co/qc1ovfcLbU ...