22 May 2008
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Swiss banking giant UBS has revealed it will make one of Europe's largest ever rights issue calls, asking shareholders for CHF16m (£7.94bn).
Shareholders will be entitled to seven new UBS shares for every 20 already held. The shares will be priced at CHF21, a discount of over 30% on last night’s close at CHF30.64. The right issue comes just...
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