Nexans Reports 9-month organic sales -2.9%; To restructure European business, announces €284M rights offering; Cuts FY op margin target - Q3 Rev €1.65B - Expects to report H2 loss
Nexans rights issue >> EUR 280m / 7 for 3 basis / issue price 22.50 / Madeco and BPI France to take up their rights / Subscription from Oct. 17 til Oct. 30