CSR to raise $347 Million; posts H1 loss
Submitted by Dominic Haber on Mon, 10/26/2009 - 14:56
Australia's biggest sugar refiner CSR Ltd. announced Monday that it would lift A$375 million in equity in order to slash debt and spin-off its sugar business.
Earlier in June, the company had said that it would split off the sugar business to enhance value for shareholders.
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