http://www.marketwatch.com/video/asset/polands-giant-jesus-statue-rivals-rio-2011-12-23/FB2846D2-B5C8-4930-93D7-6A99012F4314#!FB2846D2-B5C8-4930-93D7-6A99012F4314
Successful End to UniCredit Rights Issue
BY CHRISTOPHER EMSDEN
ROME—UniCredit SpA sold 99.8% of the shares offered as part of a huge recapitalization program, putting a successful end to a deal whose rocky start roiled financial markets early this month.
Milan-based UniCredit said it raised €7.482 billion ($9.81 billion) in new equity from the capital increase. A remaining €17.9 million in new shares will be auctioned at a later date.
The rights issue from Italy's largest bank by total assets was considered a litmus test for the European ...