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Naturex Seeks to Raise Funds in Open Market to Fund Acquisition
Posted: June 6, 2014
Naturex (Avignon, France) has launched a capital increase with preferential subscription rights for€67,227,597.50, issue premium included. The operation is followed by the main reference shareholders of the company: SGD, Finasucre and Caravelle. The purpose of the issue is mainly to finance the acquisition of Vegetable Juices Inc.
The capital increase will be carried out with shareholders' preferential subscription rights and will result in the creation of 1,311,758 new shares at a price of €51.25 per share, comprising a nominal value of €1.50 and an issue premium of €49.75, i.e. gross proceeds (issued premium included) of €67,227,597.50.