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B&O raises 432 mln DKK in fully subscribed issue external link

Reuters | Tue, May 12

Reuters is the #9 News Source for Bang & Olufsen

COPENHAGEN, May 12 (Reuters) - Danish luxury stereo and television maker Bang & Olufsen (BOb.CO) said on Tuesday it had raised 432 million Danish crowns ($79 million) net in a rights issue. B&O said in a statement the rights issue had been fully ...

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2 mainstream media and 1 bloggers weighed in on a similar topic

10 Months Ago, Scotsman says (in £49m loss for Bang & Olufsen) £49m loss for Bang & Olufsen
BANG & Olufsen, the luxury stereo and television maker, has recorded a £49.5 million loss in the first nine months of its year as it struggles to face up to the economic downturn. The Danish firm, which posted a £22.8m profit at the same time a year ...

And Straits Times says (in Bang & Olufsen's $40m loss) COPENHAGEN (Denmark) - BANG & OLUFSEN, the Danish company that produces upmarket hi-fi sound systems and televisions, announced losses on Tuesday for the third consecutive quarter. The company said net losses for its third quarter, from December 1 to ...

And Reuters says (in Denmark's B&O posts loss, cuts full-year outlook) Bang & Olufsen (B&O), struggling as the global economic downturn has eroded sales of its high-end products, posted a pretax loss of 414 million crowns, including restructuring costs of 105 million, against a year-earlier profit of 191 million. ...

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