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    GDG — Generation Development News Story

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    Brief: Generation Development Group To Acquire Remaining 61.9% Of Lonsec's Fully Diluted Share Capital

    Picture of Generation Development logoGeneration Development
    03/06/2024 02:37
    June 3 (Reuters) - Generation Development Group Ltd
 GDG.AX :
    * TO ACQUIRE REMAINING 61.9% OF LONSEC'S FULLY DILUTED SHARE
CAPITAL FOR A$197.4 MILLION
    * TO RAISE A$155.4M THROUGH FULLY UNDERWRITTEN INSTITUTIONAL
PLACEMENT AND ACCELERATED NON-RENOUNCEABLE ENTITLEMENT OFFER

Further company coverage:  GDG.AX 

 ((Reuters.Briefs@thomsonreuters.com;))

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