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Reuters: HBOS gets 8 pct take-up for $8 billion rights issue

Started by chris, July 21, 2008, 08:41:10 AM

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chris

HBOS gets 8 pct take-up for $8 billion rights issue
      


LONDON (Reuters) - British bank HBOS Plc  said shareholders subscribed to buy just 8.3 percent of shares in its 4 billion pound ($8 billion) rights issue, leaving its underwriters to try to sell almost 3.8 billion pounds of shares.
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