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Acrow Limited confirms $70 million cash call
The offer price represented a 6.6 per cent discount to the last close of 91¢ and a 6.9 per cent discount to the 5-day volume-weighted price.
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Timeline cronologica
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Acrow Limited taps Morgans for $70m capital raising
It is understood the new equity would be put towards acquisitions and balance sheet repair. Morgansn has been tapped to oversee the deal.
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Acrow Limited confirms $70 million cash call
The offer price represented a 6.6 per cent discount to the last close of 91¢ and a 6.9 per cent discount to the 5-day volume-weighted price.