Capital increase should bring up to 30 mio EUR for catering company Do&Co
March 12th, 2007 in Austrian Stock Exchange
The Austrian catering company Do&Co wants to make profit in the value of 30 mio EUR in the course of a capital increase on the Viennese stock exchange. 324.800 new shares are going to be spent for that.
By such an expense of new shares the company wants to receive 30 mio EUR from the stock exchange. The basic capital will increase up to one fifth.
Do&Co needs the new capital. Last week the catering company bought the Airline Catering of its competitor Airest. In future Do&Co is going to entertain also the passengers of Austrian Airlines flights. It’s told the buying price amounted about 30 mio EUR. The sum was not published, but the Austrian Airlines received such a price when they sold the whole Airest group to the Italian Save. Do&Co bought the Airest from there.

0 Responses to “Capital increase should bring up to 30 mio EUR for catering company Do&Co ”
Please Wait
Leave a Reply