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Downer joins a long list of S&P/ASX 200 Index (Index:^AXJO) companies that have raised capital during the COVID-19 market shake-up. This includes the Flight Centre Travel Group Ltd (ASX: FLT) share price, the National Australia Bank Ltd. (ASX: NAB) share price and Cochlear Limited (ASX: COH) share price – just to name a few.What's the price of a new Downer share?
The offer price of $3.75 a new share is a 12% discount to Downer’s last closing price of $4.26 yesterday. Downer joins a long list of S&P/ASX 200 Index (Index:^AXJO) companies that have raised capital during the COVID-19 market shake-up.What's the stock price of Downer EDI limited?
The Downer EDI Limited (ASX: DOW) share price went into a trading halt as it’s rattling the can for $400 million in loose change. Brendon’s passion for shares started by accident in 2003 and he has worked in various roles around capital markets ever since as a trader, stock analyst and markets reporter with the Australian Financial Review.Who are the minority shareholders of Downer Group?
The acquirer also entered into a call option agreement with one of Spotless’ minority shareholders, Coltrane Master Fund. This gives Downer the right to purchase 2.99% of Spotless shares, which will increase Downer’s ownership above the 90% if exercised.