Electrolux raises SEK 9.1 billion in rights issue

Published:

Electrolux raises SEK 9.1 billion in rights issue
Photo: Oscar Olsson/TT

The subscription period for the new share issue has now expired. Preliminarily, 98 percent of the offered shares have been subscribed for using subscription rights, writes Dagens Industri.

In addition, applications were received to subscribe for shares without subscription rights, corresponding to approximately 40 percent of the shares offered.

This means that the issue was fully subscribed. Electrolux will receive gross proceeds of approximately SEK 9.1 billion, before deductions for transaction costs.

Electrolux's largest owner, Wallenberg's investment company Investor, undertook to subscribe for its share in the issue.

Loading related articles...

Tags

Author

TT News AgencyT
By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

Keep reading

Loading related posts...