UK businesses ready recap deals
Among a host of listed firms expected to raise funds to repair their balance sheets through secondary offers next year, Premier Foods and Liberty International are being talked about as potential candidates to tap the equity capital markets in the first quarter of 2009. Premier, the UK foods group, confirmed this week that it is talks with investors, and reports suggest that it might launch a £300m rights issue in March. What shape will the plans take, and who else is in the frame? Read EuroWeek on Friday.
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