The mission to rescue stricken equipment finance company Silver Chef is almost complete.
Long-suffering shareholders will be told on Thursday morning that the board has agreed a deal with Luke Trickett’s Blue Stamp Company (BSC) that will see Silver Chef recapitalised via a $60 million rights issue priced at 31¢ a share, as first reported by Street Talk.
Loading...
Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
