Dawnay Day Carpathian is planning to raise £100 mln (EUR 147 mln) in a share offer to fund more acquisitions. The company will sell 83.3 million shares at £1.20 each, the company stated, conditional on approval of the plan by shareholders. A vote on the issue is scheduled for 17 May. Dawnay Day Carpathian raised £140 mln in an initial public offer in July 2005.
Private asset management company Kryalos has completed the acquisition of a light industrial property in Rome, through its Mars fund.
