Home   News   Kent Motors news   Article

Eurotunnel's £700m cash call

KentOnline reporter
multimediadesk@thekmgroup.co.uk
11:09, 29 April 2008

Eurotunnel, the operator of the Channel Tunnel, is aiming to secure its long-term future by raising more than £700million from a rights issue.

Shares in Eurotunnel were suspended on Monday ahead of the announcement.

Jacques Gounon, chairman of Groupe Eurotunnel SA (GET), said the issue would reduce financial charges and give the company "further room for manoeuvre to control our future".

~ Read more details on our business site >>>

Transport KentOnline reporter

Most popular

Close This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies.Learn More