Ebos closes $217m placement, 'strongly supported' by investors

Ebos closes $217m placement, 'strongly supported' by investors
Ebos healthcare segment generates most of its revenue. (Image: Ebos)
Rebecca Stevenson
Listed animal and healthcare firm Ebos has completed the $217 million placement of its capital raise. On Thursday, Ebos announced it would raise about $270m of new equity and confirmed it had acquired pet medicine firm SVS Veterinary Supplies for $115m. The dual-listed company said it would raise about $217m via a fully underwritten placement of new ordinary shares to eligible investors and up to $54m via a non-underwritten retail offer to eligible existing shareholders. On Friday morning, Ebos said new and existing investors str...

More Markets

Lower bond yields lift NZ sharemarket
Markets Market Close

Lower bond yields lift NZ sharemarket

Lower bond yields have helped drive the NZ sharemarket sharply higher at the close.

Jamie Gray 30 May 2025
Turbulent market slashes 2 Cheap Cars' profit
Markets

Turbulent market slashes 2 Cheap Cars' profit

New Zealand’s continued economic downturn, a sharp fall in immigration and consequent softer market demand has driven a 47% drop in profit for 2 Cheap Cars.The company reported total revenue of $81.9 million with 7675 cars sold in the year to March 31, down 6% compared to $86.7m...

Staff reporters 30 May 2025
Pacific Edge launches $20m capital raise
Markets

Pacific Edge launches $20m capital raise

The raise will help the medtech company continue operations for another year.

Staff reporters 30 May 2025
King Salmon slashes earnings guidance
Primary Sector

King Salmon slashes earnings guidance

Reduced harvests are needed to build up fish stocks.

Staff reporters 30 May 2025