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BEWI ASA Announces EUR 75 Million Private Placement to Strengthen Financial Position

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BEWI ASA Announces EUR 75 Million Private Placement to Strengthen Financial Position

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Bewi ASA ( (DE:5T0) ) just unveiled an update.

BEWI ASA has announced a private placement to raise EUR 75 million, aimed at strengthening its balance sheet and supporting general corporate purposes. The placement involves new shares and is directed towards Norwegian and international investors, with significant pre-commitments from major shareholders, indicating strong investor confidence and strategic alignment with the company’s growth objectives.

More about Bewi ASA

BEWI ASA is an international provider of packaging, components, and insulation solutions, with a strong commitment to sustainability throughout its value chain. The company is focused on leading the transition towards a circular economy and is listed on the Euronext Oslo Børs under the ticker BEWI.

Average Trading Volume: 54,896

Current Market Cap: NOK4.51B

For an in-depth examination of 5T0 stock, go to TipRanks’ Overview page.

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