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Globalworth Poland raises €450 mln in private issue

02:29

In a private offering Globalworth Poland RE sold 286.6 million shares and raised €450 million, the company stated. The funds will be earmarked for acquiring new properties and repayment of loans, as well as for its corporate goals. The company also stated that it will allocate PLN 48.7 million for dividend payouts, which corresponds to PLN 0.11 per share.

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