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GDG Secures $233.3M Institutional Backing for Major Evidentia Acquisition
9:01am on Wednesday 12th of February, 2025 AEDT
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Financial Services
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GDG Secures $233.3M Institutional Backing for Major Evidentia Acquisition
9:01am on Wednesday 12th of February, 2025 AEDT
Key Points
Institutional offer raises approximately $233.3 million
Equity raising fully underwritten by Jefferies and MA Moelis
Funds to support $244.9 million upfront cash acquisition of Evidentia
Institutional placement priced at $4.15 per share, a 10.8% discount
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