Shares

DIA Announces €1bn Plan To Convert Debt Into Equity And Issue New Shares

Spanish supermarket group DIA said on Thursday it has agreed to convert debt owed to its main shareholder LetterOne into equity and will additionally offer...

Deliveroo Eyes €10.2bn Market Cap In Upcoming London IPO

Delivery giant Deliveroo has said that its upcoming initial public offering (IPO) in London will value the company at up to £8.8 billion (€10.25...

Groupe Casino Obtains Approval For Listing Assaí Shares

The Brazilian subsidiary of Groupe Casino, Companhia Brasileira de Distribuição (GPA), has obtained the authorisation to list the shares issu...

Ahold Delhaize Commences 2021 Share Buyback Programme

Ahold Delhaize has announced the commencement of a €1 billion share buyback programme, which it expects to complete by the end of this year. Detail...

Alibaba's $10bn Buyback Plan Fails To Halt Stock Slide As Regulatory Concerns Mount

Alibaba shares slumped 9% to their lowest since June on Monday, as the firm's upsized $10 billion buyback programme failed to ease concerns about a regulat...

Russian Online Retailer Ozon's Shares Jump In US Debut

Shares of Ozon Holdings Plc soared more than 40% in their debut on Tuesday, after the Russian online retailer raised nearly $1 billion in its upsized initi...

Metro Says New Takeover Offer Undervalues Company

German wholesaler Metro said that the new offer from EP Global Commerce to increase their stake in the company substantially undervalued the German wholesa...

Alibaba's Jack Ma Sells $8.2bn Worth Shares, Stake Dips To 4.8%

Alibaba Group Holding Ltd co-founder Jack Ma has cut his stake in the company over the past year to 4.8% from 6.2%, cashing out around $8.2 billion at...