Europe

Magnetic MRO looking to raise capital with issue of new shares

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Magnetic MRO looking to raise capital with issue of new shares

Magnetic MRO (MMRO) has reached an agreement with investors to raise additional capital by up to €8.95 million ($10.1 million). Chinese company Shenzhen Yongtai Trading and Hong Kong-based Sapphire Investment Holding will acquire shareholdings of up to 13.44% and 1.6% respectively. The total shar...

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