Agfa plans snap buys with Eu148m rights funding
Agfa Gevaert, the Belgian imaging systems firm, launched a well-flagged Eu148m underwritten rights issue on Wednesday in a deal to give it the firepower to pursue as yet unidentified acquisitions.
The one for three deal is being offered at Eu3.45 a share, a 35.2% discount to Tuesdays close and a 28.9% discount to terp.
BNP Paribas Fortis is sole global coordinator the first time in 10 years that a Belgian company has handed out a sole mandate, said
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