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Generation Development Group Limited ( (AU:GDG) ) just unveiled an announcement.
Generation Development Group Limited announced a pro-rata accelerated non-renounceable entitlement offer and institutional placement to raise capital for the acquisition of Evidentia Group Holdings Pty Ltd. The capital raised will fund the acquisition, associated transaction costs, and future growth initiatives, potentially enhancing GDG’s market position and operational capabilities.
More about Generation Development Group Limited
Generation Development Group Limited operates in the financial services industry, focusing on investment and asset management. The company provides a range of financial products and services to institutional and retail investors, with a market focus on growth through strategic acquisitions and offerings.
YTD Price Performance: 41.46%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €1.03B
See more data about GDG stock on TipRanks’ Stock Analysis page.
