Investors welcome Prudential rights issue

British insurer Prudential today said investors had reacted positively to its controversial £1bn (€1.4bn) rights issue.

Investors welcome Prudential rights issue
Thu, 11 Nov, 2004 - 14:08

British insurer Prudential today said investors had reacted positively to its controversial £1bn (€1.4bn) rights issue.

The group said it had received acceptances relating to 310,221,770 new shares, representing 92% of the total number of shares offered.

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