September 23, 2009

                    
AWB in trading halt, plans capital raising
                        


Australian agribusiness AWB Ltd. Wednesday called a trading halt on its shares until Friday, saying in a statement it plans a capital raising involving retail and institutional investors.

 

AWB is expected to launch a A$400 million (US$350 million) capital raising via Deutsche Bank, Goldman Sachs JBWere and UBS, the Australian Financial Review reported earlier without citing sources.  
                                                

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