‘Not on our runway’: No equity raise for Summerset, CEO Scott Scoullar says

Scott Scoullar says 2024 was the hardest business year of his life. (Image: Supplied)

Fri, 28 Feb 2025

Summerset Group's chief executive Scott Scoullar says a capital raise is not on the cards. In January, Jarden analysts Arie Dekker and Vishal Bhula wrote an investor note in which they raised the possibility that both Ryman Healthcare and Summerset could ask investors to stump up cash this year. The logic was that Ryman, which called a raise on Monday, could use the extra cash to amend its balance sheet and that Summerset, the better positioned of the two, could accelerate growth in Australia.Talking to BusinessDesk on Friday aft...

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