DNB surprised by GN's lack of backup plan
The lack of support for GN’s scrapped capital raise was to be anticipated, says a DNB analyst, meaning it would have made sense to make a plan B in advance.
by marketwire, translated by daniel pedersen
It shouldn’t come as a surprise for the board of directors at GN Group that its proposal to raise up to DKK 7bn (USD 1bn) was rejected last week, says Norwegian financial services group DNB.
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