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Instos pile in for Ivanhoe raising

IVANHOE Australia has closed the first part of its capital raising oversubscribed, announcing this morning it has raised $A251 million from the institutional portion of the rights issue, with institutional investors still clamouring for more.

MiningNews.Net
Instos pile in for Ivanhoe raising

Even after the $38 million oversubscription facility was placed, the interest in acquiring a piece of the Ivanhoe pie is strong enough for lead managers UBS AG and Morgan Stanley to also agree to underwrite...

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