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Home>National Australia Bank Plans $4.4 Billion Rights Issue -- Update

National Australia Bank Plans $4.4 Billion Rights Issue -- Update

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Thu, 7 May 2015

By Robb M. Stewart MELBOURNE, Australia-- National Australia Bank Ltd. moved to shore up its capital base, unveiling a 5.5 billion Australian dollar (US$4.4 billion) rights issue that will help the lender make a clean break from its troubled U.K. business. The plan is Chief Executive Andrew
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