Moneybags

DCC’S UNNECESSARY PLACING HURTS SHAREHOLDERS


Donal Murphy

Donal Murphy


THE MARKET has recently seen two Irish companies raise bucketloads of cash in very different circumstances. Aryzta was in desperate need of funding and raised €800m by issuing shares at an 80% discount and causing 90% dilution damage, while DCC, despite having the luxury of... Read more »

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