News and analysis for the global poultry industry.
Industry News & Trends / Business & Markets / Europe
on June 20, 2018

Gradus raises US$48 million in public offering

Funds raised through IPO will be used to develop existing and new business lines for food products

Bulgarian poultry meat producer Gradus AD has raised BGN81.4 million (US$48.1 million) from the sale of shares on the country’s stock exchange.

In what emerged as the largest initial public offering (IPO) on the Bulgarian Stock Exchange (BSE) since 2007, Gradus offered 55.6 million shares over two days, reported See

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