Ebos raises $175m, more than it sought from underwritten placement

Tue, 30 Apr 2019

By Jenny Ruth May 1 (BusinessDesk) - Ebos says it has raised $175 million from a discounted placement to institutions, $25 million more than it had been seeking. Chair Mark Waller says the issue was increased to accommodate strong demand from both existing and new institutional investors in New Zealand, Australia and offshore. “Our strategy has clearly resonated with investors,” Waller says in a statement. “We look forward to continuing to successfully grow both our healthcare and animal care segments to create further shareholder v...

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