CVS has this morning announced an intention to conduct a placing of up to 6.391m shares via an accelerated bookbuild. The proceeds will be used to pay down debt and create additional headroom to help fund a strong pipeline of future acquisitions. Management has an excellent consolidation and investment track record and we note that it successfully put to good use the Dec’16 fund raise in a timely manner. Today’s corporate news is accompanied with an inline set of interims. We put our forecasts u ....
16 Feb 2018
Proposed placing and interim results
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Proposed placing and interim results
CVS Group plc (CVSG:LON) | 980 0 0.0% | Mkt Cap: 703.0m
- Published:
16 Feb 2018 -
Author:
Sahill Shan -
Pages:
3
CVS has this morning announced an intention to conduct a placing of up to 6.391m shares via an accelerated bookbuild. The proceeds will be used to pay down debt and create additional headroom to help fund a strong pipeline of future acquisitions. Management has an excellent consolidation and investment track record and we note that it successfully put to good use the Dec’16 fund raise in a timely manner. Today’s corporate news is accompanied with an inline set of interims. We put our forecasts u ....