PropertyEU

Valad unveils equity raising

By A staff reporter 2009-09-23T00:00:00

Sydney-listed real estate group Valad announced a fully underwritten equity raising to raise AUD$56.5 mln (EUR 33.3 mln). The proceeds will be used to settle the deferred liability of £29.5 mln which stems from Valad's acquisition of UK-based funds management business Scarborough in 2007 to form the basis of its ...

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