VOL. XXXVII
NO.6
8-NOVEMBER-1993
Financial and Banking News
Capital Markets
Solidaire Launches Share Flotation For Beirut Reconstruction
Solidaire, the private company charged with rebuilding the central businessdistrict of Beirut, opened its public share flotation on 1 November. The companyis hoping to raise $650mn in cash to supplement its existing capital of $1,170mnwhich has been issued to owners, tenants and leaseholders in the businessdistrict. (Property owners surrendered their rights to...
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