CDPQ and Temasek cash in on FNZ's uncommercial capital raises, leaving employee shareholders out in the cold
- Written by PR Newswire
LONDON, June 5, 2025 /PRNewswire/ -- Warrants issued as part of three successive FIAT transactions by global wealth management platform FNZ – raising approximately US$1.5 billion in new capital – have now been exercised by two of the institutional investors.
As part of the uncommercial terms of these equity raises, FNZ's board...