BRIEF-Nettlinx raises $3 mln from strategic investors
* Funds to help co raise further capital, debt with lower interest rates from european banks Source text: http://bit.ly/2dgqzhH Further company coverage: (Bengaluru newsroom)
BRUSSELS, April 25 Dutch telecoms group KPN launched a 2 for 1 rights issue on Thursday to raise 3 billion euros to shore up its balance sheet.
It said it would offer shares at 1.06 euros each, a 35.1 percent discount to the ex-rights price.
It added that Carlos Slim's America Movil, which holds almost a third of the company, had committed to subscribe to the rights issue. (Reporting By Ben Deighton, Editing by Ethan Bilby)
PARIS, Sept 29 PSA Peugeot Citroen said it plans to sell more than 150,000 Peugeot vehicles in Iran in the second half of this year as the French carmaker seeks to reclaim the leading position it once enjoyed in the country.
DUBAI, Sept 29 An overnight rally in oil prices after an OPEC production deal helped lift most Gulf stock markets in early trade on Thursday but Saudi Arabia's bourse contined to drop.