Aryzta plans €800m cash call after share slide
Having seen its share price slump last week, Aryzta has announced a range of measures to reduce borrowings and cut its cost base
Aryzta, the struggling Swiss-Irish food group, is planning to raise up to €800 million from investors to reduce its debt levels.
Having seen its share price slump last week, Aryzta has announced a range of measures to reduce borrowings and cut its cost base. The company said it plans to raise €800 million in equity through a rights issue and plans to cut €90 million from operating costs.
Shares in Aryzta have struggled ...
