Brief: Coats Group Proposes Capital Raise Of £250 Mln
July 16 (Reuters) - Coats Group PLC COA.L: COATS GROUP PLC - ACQUISITION - CAPITAL RAISE LAUNCH COATS GROUP PLC - PROPOSES £250 MILLION CAPITAL RAISE COATS GROUP PLC - PROCEEDS FROM PLACING TO PART FUND ORTHOLITE ACQUISITION Source text: ID:nRSP3622Ra Further company coverage: COA.L ((Reuters.Briefs@thomsonreuters.com;))