Assura to raise £330m in share placing
Warrington-based primary care property investor and developer Assura is set to raise £330m with a share placing, to pursue its strongest pipeline of work and acquisitions for five years.
The announcement of the share placing has been perfectly timed to coincide with interim half-year results which show a 76% increase in pre-tax profits to £73.4m (2016: £41.7m).
The placing is partly to fund its £209m as it continues to see opportunities to make further inroads into the primary care property market.
Assura has successfully... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
