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Opération blanche
Purchase of new shares in a rights issue without investing additional funds; a shareholder sells exactly the number of subscription rights in a rights issue as are required to finance the purchase of the remaining subscription rights allocated to him or her. The aim is to enable the sum invested in a particular company to grow without investing additional funds.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Banking
- Category: Investment banking
- Company: UBS
- Product:
- Acronym-Abbreviation:
Other Languages:
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