13 Nov 2017
Acquisition & placing to raise up to £21.2m
Warpaint London has announced it is acquiring Retra Holdings Limited for a maximum consideration of £18.2m. To fund this it is raising £21.2m by way of an accelerated bookbuild at 190p per share. As a consequence, we are suspending our forecasts, target price and recommendation.
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Acquisition & placing to raise up to £21.2m
Warpaint London PLC (W7L:LON) | 412 0 0.0% | Mkt Cap: 318.7m
- Published:
13 Nov 2017 -
Author:
Robert Sanders -
Pages:
2
Warpaint London has announced it is acquiring Retra Holdings Limited for a maximum consideration of £18.2m. To fund this it is raising £21.2m by way of an accelerated bookbuild at 190p per share. As a consequence, we are suspending our forecasts, target price and recommendation.