Findel to raise £81m to reduce debt; education sales down 4%
publication date: Aug 3, 2009
Findel is to raise £81m through the placing of just over 400 million new shares at an issue price of 20p – a discount of 51.5% on the pre-announcement closing share price of 41.25p.
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the assignment report covers the £100bn UK education market from a business perspective.