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HBOS rights issue looks uncertain

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06-13-2008, 06:25 PM

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HBOS rights issue looks uncertain

The banking industry suffered another blow after it was revealed that the HBOS rights issue looks set to fail.The UK’s biggest mortgage lender saw its shares fall to 258 pence on Wednesday, less than the 275p price at which investors have been offered shares in the £4 billion rights issue. As a result of the [...]

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« HBOS shares climb, but still below rights issue price | Gibraltar financier makes offer for London Scottish Bank »

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