Vista Group to raise $65m through placement, rights issue

Thu, 16 Apr 2020

Vista Group International is raising $65 million through a placement and rights issue to keep the company well-capitalised through the coronavirus crisis which has significantly impacted almost all its customers.The cinema software company said directors, founders and senior management have committed to contribute $4.7 million and that the balance of the capital raising is fully underwritten by Macquarie Capital and Craigs Investment Partners."The outbreak of covid-19, and the actions taken by governments in response, are having and will contin...

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