Our Sponsors

VIPCoFCCGBroadridgeLink Market Services GmbHAHEADhermesDP DHLK+SSAPGeorgesonSuedzuckerWacker Chemie AGThomson ReutersEQS Group

Search

VIPsight

Corporate Governance – portrayed in the individual cultural and legal framework, from the standpoint of equity capital.

VIPsight is a dynamic photo archive, sorted by nations and dates, by and for those interested in CG from all over the world.

VIPsight offers, every month:
transparent and independent current information / comments / facts and figures on corporate governance locally and internationally,

  • written by local CG experts,
  • selected and structured by the Club of Florence,
  • financed by its initiator VIP and other sponsors with a background of “Equity and Advisory” interests.
     

VIPsight International


Article Index

 

 

Capital News


In a summary process, the GAGFAH sold 20 million worth of shares. The company for properties has earned around 176 million Euros with the placement of shares. GAGFAH itself sold 10.5 million shares from their own inventory plus a capital increase, which brought more than 9.5 million in shares. With the earned money, the company wants to pay back bonds with a higher interest rate and execute investments in their own portfolio.

Fortress looks down on a similar monetary plus. After being involved with 60.8 percent, the financial investor placed shares worth 20 million and holds now only a minority position with 48.8 percent.

 

 

 

Buwog: IPO postponed

The real-estate group has postponed daughter company Buwog’s stock exchange listing, originally scheduled for November 2013. The new date will probably be in the early part of next year. The company blames present market instability, citing two very recent instances: the stock exchange listing in early July of real estate company Deutsche Annington has been very slow and, secondly, only one of three substantial stock packets of Gagfah real estate have been taken up.


Elexxion: fresh resources

The month of July saw Elexxion AG place an increase in share capital, warrent excluded, of over 800,000 shares of 1 Euro each.

This raises the dental laser manufacturer’s nominal capital listed at entry standard by 10 percent. The company announced its intention of using the fresh money to enhance its liquidity and thus loosen constraints on its normal business.