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 in the past two years...
Subscribe from just 1€
Choose the subscription that is right for you
For the first month
€19.99 Monthly ThereafterSubscribe today
For the first year
€199.99 annually thereafterSubscribe today
For the first 90 days
€55.00 quarterly ThereafterSubscribe today
These offers are not available for current subscribers. Offers and pricing are subject to change without notice.
Terms & Conditions Apply