abrdn Global Infrastructure Income Fund completed a transferable rights offering, issuing about 3.58 million shares at $19.28 each, raising approximately $70 million before expenses. The offering, which ended on October 15, 2026, aims to support the Fund's investment in global income-producing infrastructure assets. Shares are expected to be issued around October 22, 2026. This capital raise will help the Fund pursue its goal of providing high total returns with an emphasis on current income through diversified infrastructure investments.
The abrdn Global Infrastructure Income Fund completed a rights offering raising about $70 million. For readers following the Financials sector, here is Pluang's market snapshot as of Oct 16, 2026 19:01 WIB: out of 142 priced US Financials stocks, 84 rose and 49 fell. Notable movers include CRCL at USD 85.18 with a 1-day change of -2.06%, CFG at USD 62.15 down 2.02%, and KB at USD 119.93 up 1.74%.
Nasdaq announced that trading in CN Healthy Food Tech Group Corp.'s common stock and warrants will resume on October 19, 2026, after being halted since October 1, 2025. The resumption marks the end of a year-long trading suspension, allowing investor...
David Solomon, CEO of Goldman Sachs, has been appointed as the new chair of The Business Council, taking over from Brian Cornell, Executive Chair of Target Corporation. This leadership change comes at a critical time as the Council addresses challeng...
SEDA Experts LLC has appointed Noor Ul Islam as Managing Director, enhancing its capabilities in risk management and securities practices. With nearly 30 years of experience at major financial institutions like Citibank and Barclays, Islam brings dee...
The global pharmaceutical market is projected to grow from USD 1.88 trillion in 2026 to USD 3.22 trillion by 2035, expanding at a CAGR of 6.15%. Growth is fueled by advances in biologics, AI-driven drug discovery, specialty drugs, and manufacturing i...
The Out of Home Advertising Association of America (OAAA) held the 84th Annual OBIE Awards in New York City, celebrating the best creative campaigns in out of home (OOH) advertising. Paramount was inducted into the OBIE Hall of Fame for its longstand...
