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Sunday, April 26, 2020

Norwegian Air's debt plan sharply dilutes stake of current owners

Norwegian Air's proposed financial rescue plan could leave current shareholders with a combined ownership stake of just 5.2%, details of its proposed debt-to-equity swap showed on Monday.


from Reuters: Business News https://ift.tt/2KFYbWA

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Wegovy maker warns price cuts 'painful' for firm as shares plunge

Novo Nordisk is facing "unprecedented" price pressures, "intensifying competition" and patents expiring. from BBC News...