Brief: Kesko Is Planning €500-700 Million Rights Issue
BRIEF-Kesko Is Planning €500-700 Million Rights Issue Oct 8 (Reuters) - 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)
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