The Eurotunnel rights issue part one: strategy
Article Abstract:
Eurotunnel announced an 858 million pounds sterling rights issue in 1994 and succeeded in raising funds although no dividends are scheduled to be paid until 2004. The company also lacked revenues prior to May 1994. The rights issue has been seen as an example of successful management of psychological aspects of the issue. The project that Eurotunnel has been involved in has a wider significance than considerations relating to costs and benefits.
Publication Name: European Management Journal
Subject: Business, international
ISSN: 0263-2373
Year: 1995
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The Eurotunnel rights issue, part two: implementation
Article Abstract:
Eurotunnel launched a 858 million pound sterling gross rights issue of equities in 1994. The issue is claimed to be one of the largest of its kind, and its purpose was to raise cash and secure the project's future. An overview of the offer is given, along with details of the rights discount and underwriting, its effects on the French stock market, the results of the issue and a summary of its success.
Publication Name: European Management Journal
Subject: Business, international
ISSN: 0263-2373
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
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