Coats Group raises GBP92 million to help fund Rhenoflex acquisition
(Alliance News) - Coats Group PLC on Thursday said it has raised GBP92 million via a placing and retail offer of 145.2 million shares.
Read moreFri, 09th Apr 2021 11:32
(Alliance News) - Coats Group PLC on Thursday said it has raised GBP92 million via a placing and retail offer of 145.2 million shares.
Read more(Alliance News) - Gambling operator Entain on Thursday said it will pay an interim dividend as the Ladbrokes betting chain owner diversified into Europe.
Read moreCoats Group PLC - Uxbridge, England-based industrial thread maker - Agrees to buy Rhenoflex GmbH, a maker of sustainable structural materials for the footwear industry, for enterprise value of EUR115 million. Cash consideration will be EUR107 million after deducting assumed retirement liabilities and other adjustments. The consideration will be funded by a placing and retail offer to raise GBP100 million. The placing price will be determined at the close of the bookbuild.
Read more(Sharecast News) - Industrial thread maker Coats Group announced its intention to raise £100m after markets closed on Wednesday, to fund the acquisition of German footwear materials producer Rhenoflex.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:
Read more(Alliance News) - Coats Group PLC on Tuesday lifted its dividend and posted a higher interim profit, due to "favourable" market conditions and pricing action.
Read more(Sharecast News) - Industrial thread maker Coats reported group sales growth of 19% on a constant exchange rate basis in its first half on Tuesday, or 14% on a reported basis, to reach $801m in revenue.
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(Alliance News) - Coats Group PLC on Thursday said it has completed its acquisition of Texon International Group Ltd, strengthening its presence in the athleisure footwear market.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:
Read more(Alliance News) - Coats Group PLC on Wednesday said it has agreed to buy Texon International Group Ltd, strengthening its presence in the athleisure footwear market.
Read more(Sharecast News) - Industrial thread maker Coats said it had bought footwear parts manufacturer Texon International Group for an enterprise value of $237m.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday afternoon:
Read more(Alliance News) - Uxbridge, England-based Coats Group PLC on Friday said it has sealed the sale of its business in Brazil and Argentina to Reelpar SA.
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