15 May 2018

DFDS raises £118 million in new share issue to fund Turkish transaction

Shipping giant DFDS has raised nearly £120 million with a new share offer to help part-finance the buy-out of UN RoRo.

An extraordirnay board meeting was held in Copenhagen yesterday, with approval given to issue what was one billion Danish Krone, on the country's stock exchange at the close of trade.