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標題Title: Michelin Plans 1.62 Billion Rights Issue
作者Authors: DAVID PEARSON
上傳單位Department: 國際企業系
上傳時間Date: 2010-9-30
上傳者Author: 許淑媖
審核單位Department: 國際企業系
審核老師Teacher: 許淑媖
檔案類型Categories: 教學檔Teaching Material
關鍵詞Keyword: PARIS—French tire maker Michelin on Tuesday launched a heavily discounted €1.2 billion ($1.62 billion) capital increase to finance its expansion, particularly in fast-growing emerging markets.
摘要Abstract: Michelin Plans $1.62 Billion Rights Issue
Copyright ©2010 Dow Jones & Company, Inc. All Rights Reserved
BY DAVID PEARSON
PARIS—French tire maker Michelin on Tuesday launched a heavily discounted €1.2 billion ($1.62 billion) capital increase to finance its expansion, particularly in fast-growing emerging markets.
The move took investors by surprise, sending the company's shares down 8.1% to €60, making it the biggest decliner in the benchmark CAC-40 index, which traded down 1.2%.

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