UniCredit SpA (UCG)’s $9.9 billion rights offer is leading Europe’s stock sales to the best start of the year since 2007, a sign that the region’s companies may return to the equity markets after last quarter’s slump.
UniCredit’s rights offer attracted investors from the Abu Dhabi-based sovereign-wealth fund Aabar Investments PJSC to the Los Angeles-based investment fund Capital Research & Management Co., as well as Italian buyers such as Alessandro Proto Consulting..............................................Full Article: Source
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