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Eagers Automotive Secures A$310M Retail Raise to Back CanadaOne Deal
8:59am on Thursday 30th of October, 2025 AEDT
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Automotive
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Eagers Automotive Secures A$310M Retail Raise to Back CanadaOne Deal
8:59am on Thursday 30th of October, 2025 AEDT
Key Points
Retail entitlement offer raised ~A$310 million with 82.1% take-up
Total equity raising of approximately A$502 million including Mitsubishi placement
Funds to partly finance acquisition of 65% stake in CanadaOne Auto
Strong participation from director and largest shareholder Nick Politis
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