Lenzing drops after share offering
14/01/2025 10:09
** Shares in chemicals firm Lenzing LENV.VI drop around
11% to their lowest price since March
** Analysts point to a Bloomberg News report of an offering
of 1.49 million Lenzing shares at 26.1 euros per share
** That represents a discount of 8.6% to Monday's close
** Lenzing could not be reached for comment by phone, it did
not respond to emailed requests for comment
(Reporting by Isabel Demetz)
((Isabel.demetz@thomsonreuters.com))