11:36 AM EDT, 06/12/2024 (MT Newswires) -- ADENTRA ( HDIUF ) said Wednesday it closed a bought-deal share offering that raised $100.1 million. The architectural-products distributor sold an underwriting syndicate 2.58-million shares priced at $38.75 each, including the full exercise of the underwriters' over-allotment option. The company plans to use the net proceeds to repay bank debt including under its...

NEW YORK (Reuters) - Coach USA, the operator of Megabus and other commuter bus lines in the U.S. and Canada, filed for bankruptcy protection in Delaware late Tuesday, seeking to sell its assets and shed debt incurred in an ill-timed 2019 private equity buyout. Coach, the largest privately-owned bus company in the U.S., was acquired by private equity firm Variant...

Deep-pocketed investors have adopted a bearish approach towards Viking Therapeutics ( VKTX ) , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in VKTX usually suggests something big is about to happen. We gleaned this information...

MOSCOW (Reuters) -New U.S. sanctions against Russia will shut down trading in dollars and euros on its leading financial marketplace, the Moscow Exchange, the bourse and the central bank said on Wednesday. Due to the introduction of restrictive measures by the United States against the Moscow Exchange Group, exchange trading and settlements of deliverable instruments in U.S. dollars and euros...