http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/8383938/JJB-backers-agree-to-65m-fundraising.html
The retailer wants to raise the money by way of a firm placing and open offer to enable it to implement a new business plan. JJB said on Tuesday that major shareholders Harris Associates, Crystal Amber, Invesco Asset Management and Bill & Melinda Gates Foundation Trust have indicated that they will back the fundraising, subject to a number of conditions.
One of these conditions is that JJB's proposed company voluntary arrangement (CVA), which is an alternative to administration, gets landlord approval at a vote next Tuesday.
JJB backers agree to £65m fundraising
http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/8383938/JJB-backers-agree-to-65m-fundraising.html
The retailer wants to raise the money by way of a firm placing and open offer to enable it to implement a new business plan. JJB said on Tuesday that major shareholders Harris Associates, Crystal Amber, Invesco Asset Management and Bill & Melinda Gates Foundation Trust have indicated that they will back the fundraising, subject to a number of conditions.
One of these conditions is that JJB's proposed company voluntary arrangement (CVA), which is an alternative to administration, gets landlord approv Harris James Associates For New Investors: The Basics Of Ipo
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