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KESKOA — Kesko News Story

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Brief: Kesko Is Planning €500-700 Million Rights Issue

BRIEF-Kesko Is Planning €500-700 Million Rights Issue

- Kesko Oyj KESKOB.HE:

  • IS PLANNING AN ABOUT €500-700 MILLION RIGHTS ISSUE OF B SHARES IN CONNECTION WITH ACQUISITION OF DAHL OPERATIONS IN SWEDEN AND BRØDRENE DAHL OPERATIONS IN NORWAY AND DENMARK

  • TO USE PROCEEDS FROM SHARE ISSUE TO REFINANCE PART OF BRIDGE FINANCING DRAWN TO FINANCE DAHL ACQUISITION

  • AIMS TO RAISE GROSS PROCEEDS OF ABOUT EUR 500-700 MILLION THROUGH SHARE ISSUE

Source text: ID:nWkr1qV4LP

Further company coverage: KESKOB.HE


(Gdansk Newsroom)

((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))

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