rights issue

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Aryzta chairman  Gary McGann (L) pictured with Kevin Toland, chief executive.  Photograph: Alan Betson

Troubled Irish-Swiss food group Aryzta has successfully completed a massive rights issue. Shareholders were offered rights to 10 new shares for every(...)

Aryzta chairman Gary McGann speaks during the company’s annual shareholder meeting in Duebendorf, Switzerland. Photograph: Arnd Wiegmann/Reuters

Spare a thought for some of the staunchest supporters of Irish-Swiss baked goods group Aryzta. They have been invested in the group from the outset – (...)

Aryzta chief executive Kevin Toland and chairman Gary McGann attend the company’s annual shareholder meeting in Switzerland last week. Photograph: Arnd Wiegmann/Reuters

Hundreds of long-term shareholders in troubled food group Aryzta have seen their stake in the company decimated after they were effectively locked out(...)

Aryzta chairman Gary McGann told shareholders the resolution to raise €800 million in fresh equity was “a last resort and never a first resort”. Photograph: Arnd Wiegmann/Reuters

Shareholders in troubled food group Aryzta have narrowly voted through a proposed €790 million capital raise, which the company insists is necessary t(...)

Shareholders in troubled food group Aryzta are voting Thursday on a 900 million Swiss franc (€790 million) fundraising that has drawn fire from the co(...)