MILAN : Italian soccer club Juventus said on Wednesday its board had approved a capital increase of up to 400 million euros to help it cope with the fallout from the coronavirus pandemic.
"The capital increase... will help strengthen the company's equity and balance funding resources to help achieve the strategic targets of the 2019-24 development plan which have been confirmed," Juventus said in a statement on Wednesday. A shareholder meeting has been called for Oct. 29 to vote on the capital increase, which is expected to be completed by year end, the club said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Soccer - Real Madrid make 160 million euro bid for Mbappe - L'EquipePARIS : Real Madrid have made a 160 million euro (US$188.11 million) bid for Paris St Germain's France forward Kylian Mbappe, French newspaper L'Equipe reported on Tuesday.There was no immediate comment from either club.L'Equipe said PSG's position remained unchanged, with the Ligue 1 club determin
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Football:Real Madrid bid 160 million euros for Mbappe - media reportsPARIS :Real Madrid have made a 160 million euro (US$188.11 million) bid for Paris St Germain's France forward Kylian Mbappe, Spanish and French media reported on Tuesday.There was no immediate comment from either club.France's L'Equipe said PSG's position remained unchanged, with the Ligue 1 club deter
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Football:Chelsea's Zappacosta makes permanent switch to AtalantaItalian right back Davide Zappacosta has made a permanent switch from Chelsea to Atalanta, the two clubs said on Tuesday, with Italian media reporting the Serie A side paid a transfer fee of 10 million euros (US$12 million).Zappacosta, who joined Chelsea in 2017 for about 26 million euros, won the FA Cup
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Football: Liverpool's Swiss winger Shaqiri joins LyonLiverpool\u0027s Switzerland winger Xherdan Shaqiri has signed a three-year contract with Ligue 1 side Olympique Lyonnais, the two clubs announced on Monday. Lyon added that the deal for the 29-year-old was worth an initial six million euros (US$7.04 million), with a maximum of five million euros in add-ons.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
India approves further trials for first homegrown mRNA COVID-19 shotBENGALURU: India has approved further clinical trials for its first homegrown mRNA-based COVID-19 vaccine developed by Gennova Biopharmaceuticals, the government said on Tuesday (Aug 24), after the shot was found to be safe and effective in an early-stage study. Gennova is among a few pharmaceutical firms
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
China central bank increases short-term cash injection to meet month-end demandSHANGHAI: China\u0027s central bank on Wednesday (Aug 25) increased its short-term fund injection through open market operations to meet higher cash demand towards the month-end. The People\u0027s Bank of China (PBOC) said it offered 50 billion yuan (US$7.72 billion) through seven-day reverse repos into the banking China stock market looking very grim.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »