Financial shares

Fubon Financial shares under pressure on rights issue discount

Taipei, Aug.31 (CNA) Shares of Fubon Financial Holding Co. came under pressure on Tuesday morning after the company priced a rights issue to raise funds for its acquisition of Jih Sun Financial Holding Co at a steep discount, dealers said. The sell-off was also triggered by the quarterly index adjustment of global index provider MSCI […]

Financial business

Business financial services firm Pico to merge with Betsy Cohen’s SPAC in $ 1.75 billion deal

Receive instant alerts for news on your actions. Claim your 1-week free trial for Street Insider Premium here. Pico, a provider of technology solutions to more than 400 financial institutions, today announced its IPO via a $ 1.75 billion merger with Betsy Cohen’s Special Purpose Acquisition Company (SPAC), FTAC Athena Acquisition Corp. (Nasdaq: FTAA). The […]