La Seda Abandons Plans for Capital Increase

La Seda de Barcelona (El Prat de Llobregat, Spain), one of Europe’s largest polyethylene terephthalate (PET) bottle resin and packaging firms, says it has decided to render its recently announced €40-million ($49 million) share capital increase null and void “to protect its subscribers and minority shareholders.” The company had been planning to issue 40 million new ordinary shares with a subscription price of €1/share, but the total number of share-subscription applications it received was just 12.27...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers