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Vulcan Raises €147M as HOCHTIEF Boosts Stake to 15.4%, Conditional Placement Dropped
8:22am on Monday 29th of December, 2025 AEDT
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Vulcan Raises €147M as HOCHTIEF Boosts Stake to 15.4%, Conditional Placement Dropped
8:22am on Monday 29th of December, 2025 AEDT
Key Points
Retail entitlement offer raises approximately €147 million at A$4.00 per share
Total equity raising reaches about €545 million including institutional components
HOCHTIEF subscribes to 58 million shortfall shares, lifting stake to 15.41%
Conditional placement withdrawn due to HOCHTIEF’s increased ownership
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