Login
Domino’s advised on multimillion-dollar capital raising
Thomson Geer has advised Domino’s Pizza Enterprises on its latest capital raising.
Emma Musgrave
To continue reading the rest of this article, please log in.
Create a free account to get unlimited news articles and more!
Firm: Thomson Geer (Domino’s Pizza Enterprises)
Deal: Domino’s Pizza Enterprises (Domino’s) has been advised on its capital raising to acquire the minority interest in its German joint venture and reduce debt.
Value: $165 million
Area: Finance, corporate
Key players: The Thomson Geer team was led by partner Eugene Fung and included senior associates Siew Mei Fagan and Thomas Gardner.
Deal significance: As per a statement from Thomson Geer, the capital raising comprises a fully underwritten institutional placement of $150 million and retail share purchase plan of $15 million.
It’s only the second capital raising the global pizza franchise has conducted since listing on the ASX, the firm added.
Commenting further, Thomson Geer lead partner Eugene Fung said: “The capital raising was announced the day after we worked with Domino’s to close its $214 million acquisition of the Malaysia and Singapore markets, in its largest ever store expansion.”
Emma Musgrave
Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.
Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences.
Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.
She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University.
Email Emma on:
