We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Paying for time

23 March 2009 By Rachel Sanderson

The Italian yellow pages company is in dying industry. It has a E3bn debt pile. The CEO is leaving. But it wants to raise E200m of new equity in a bizarrely structured 226for5 rights issue. One big investor has already said no. Retail investors may be less smart.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)