Domino’s Pizza Enterprises is asking investors for a $150 million equity top up via Morgan Stanley on Thursday.The raising’s expected to be done via a placement of new shares and would be followed by a share purchase plan to raise up to another $15 million.Funds raised would be used to buy out the company’s business partner in Germany.
The tight discount’s a bit of a surprise, however it comes on the back of a strong night for US shares and as fund managers expect strong gains in Australia on Thursday. co-edits Street Talk, specialising in private equity, investment banking, M&A and equity capital markets. He has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies.
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