Latecoere Plans to Issue 2.4 Million Shares to Cover Future Cash Needs

French aerostructures and cable/system supplier Latecoere says it plans to issue 2.4 million new shares to cover future investment and cash needs. The offering, to be priced at 27 euros a share, is set for June 7-17, and aims to raise around 64 million euros ($78 million). The company anticipates...

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