L’Oreal, Michelin support Carbios capital raising

By Aidan Gregory
04 May 2021

Carbios, the French sustainable plastics company, has unveiled plans for a €105m capital raising to finance the next stage of its growth, with the backing of major shareholders.

The size of the transaction could grow up €120.7m if the extension clause is exercised. Shareholders have four days to subscribe pro rata to their stake in Carbios. Any shares sold in the offering are subject to clawback by shareholders.

Caribos will set the offer price for the ...

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