Brief: Bell Food Group To Get CHF 612.6 Mln Upon Completion Of Capital Increase
07/06/2018 06:10
June 7 (Reuters) - BELL FOOD GROUP AG BELL.S :
* SAID ON WEDNESDAY TOTAL OF 2,266,188 NEW REGISTERED SHARES
WERE
SUBSCRIBED, AROUND 99.15% OF TOTAL NEW SHARES OFFERED
* 19,524 SHARES, WHICH WERE NOT SUBSCRIBED FOR, WILL BE SOLD
IN
THE MARKET
* CO TO RECEIVE GROSS PROCEEDS OF CHF 612.6 MILLION
* TO USE PROCEEDS TO REFINANCE ACQUISITION
OF HUEGLI HOLDING
* TO USE PROCEEDS ALSO FOR STRATEGIC INVESTMENT PROGRAM IN
SWISS
PRODUCTION FACILITIES AND FOR GROWTH INVESTMENTS IN CONVENIENCE
SEGMENT
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