News: TCL Transurban Group Announces Acquisition Of Remaining Minority Interests In M5 West

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    Aug 7 (Reuters) - Transurban Group (TCL) :

    • ANNOUNCES ACQUISITION OF REMAINING MINORITY INTERESTS IN M5 WEST
    • TO RAISE $500 MILLION VIA A FULLY UNDERWRITTEN 'PRO- RATA' INSTITUTIONAL PLACEMENT AT AN OFFER PRICE OF $14.70
    • ANNOUNCES SECURITY PURCHASE PLAN TO RAISE UP TO $200 MILLION
    • PROCEEDS FROM PLACEMENT AND SPP WILL BE USED TO FUND ACQUISITION OF REMAINING INTERESTS IN M5 WEST
 
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