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Benefon to launch directed share issue.(Brief Article)
From:
Nordic Business Report
| Date:
March 4, 2002
| COPYRIGHT 2002 M2 Communications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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NORDIC BUSINESS REPORT-4 March 2002-Benefon to launch directed share issue (C)1994-2002 M2 COMMUNICATIONS LTD http://www.m2.com
The board of directors of the Finnish mobile telematics instruments developer Benefon has decided to launch a major new share issue, designed to bring in sufficient funds to give the company a solid financial position.
With the initiative, which has been planned since last year, the company hopes to collect between EUR10-20m by offe...