Independent journal on economy and transport policy
08:36 GMT+2
Minoan Lines increased earnings from investors
(Cyber Thesis Daily Journal)
July 20, 1999
Ferry operator Minoan Lines announced that it completed its three-for-10 rights issue and private placement, totalling 77.4 billion drachmas.
Minoan raised 21.9 billion drachmas from retail investors at 3,200 drachmas a share and 55.5 billion from Greek and foreign institutional investors at 5,100 drachmas a share.
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