Sweden's Viaplay to raise equity, restructure debt in rescue plan

Sweden's Viaplay to raise equity, restructure debt in rescue plan

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Struggling Swedish streaming company Viaplay (VPLAYb.ST) on Friday said it planned to raise new equity and restructure its debt in a rescue plan that would wipe out most of the value of the company's existing shareholders. Under pressure to stabilise its business as rising living costs dent…

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