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Synlait announces $200m capital raise

Trading update warns of significantly lower half-year profit

NBR staff
Tue, 10 Nov 2020

Milk processor Synlait has announced a $200 million capital raise, while warning its profit for the current financial year will be lower than expected.

The capital raise will comprise a $180m placement at $5.10 a share plus a $20m share purchase plan at the same price.

Synlait shares last

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NBR staff
Tue, 10 Nov 2020
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Synlait announces $200m capital raise
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