Oxford Molecular Group, Eastman Kodak, P.S.I. International, Health Designs Inc. deal

OMG will pay $13.6 million (£9 million) for all three, and will issue 3 million warrants payable on completion of the deals.

To finance the acquisitions, OMG plans a rights issue at a subscription price of $3.76 (£2.35) per share, aiming to raise about $26 million (£16.2 million). For every seven shares held, each shareholder will have the option to buy an additional share at a reduced price. ...