Domino’s advised on multimillion-dollar capital raising
Thomson Geer has advised Domino’s Pizza Enterprises on its latest capital raising.
Firm: Thomson Geer (Domino’s Pizza Enterprises)
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.
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