DSG International, owner of the Currys and PC World retail chains, is poised to raise about £300m after sounding out shareholders on a rights issue and placing, which could come as early as this week. DSG’s complex cash call is expected to involve a conventional rights issue alongside a placing of new shares with both existing and new investors, in an effort to broaden the shareholder base.

This entry was posted by Gwen Robinson on Wednesday, April 29th, 2009 at 5:03 and is filed under Capital markets. Tagged with dsg. Edit this entry.