middle.news
GDG Secures $233.3M Institutional Backing for Major Evidentia Acquisition
8:42am on Monday 2nd of June, 2025 AEST
•
Financial Services
Read Story
GDG Secures $233.3M Institutional Backing for Major Evidentia Acquisition
8:42am on Monday 2nd of June, 2025 AEST
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
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
Generation Development (ASX:GDG)
OPEN ARTICLE