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Pubs group closes off $40m issue

Sarah Thompson and Anthony Macdonald
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ALE Property Group completed its $40 million equity raising, with underwriters Macquarie Capital and UBS closing the books after testing institutional demand.

ALE went into a trading halt yesterday morning, as the brokers pitched the offer to institutions.

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Original URL: https://www.afr.com/street-talk/pubs-group-closes-off-40m-issue-20121026-ip6v9