Lenzing Wants to Get 300 Million Euros via Capital Increase
5 Articles
5 Articles
The fiber company Lenzing needs money for its realignment – and taps the capital market for it.
The Group wants to expand its nonwovens business and rely on premium segments such as Tencel in the textile sector.
Die Presse
nachrichten.atThe Lenzing owners want to support the capital measure.
The fibre group Lenzing needs money for its realignment and taps the capital market for it. The Upper Austrians strive for 300 million euros via a cash capital increase with subscription rights. The subscription price was set at 8.65 euros/share, Lenzing announced on Thursday. This corresponds to a discount of 42.5 percent on the theoretical price without subscription rights on the basis of the closing price of Wednesday. The Lenzing owners want…
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