Delek Global Real Estate (DGRE) is to issue 22% of its share capital to institutional investors in a private placement on London's Alternative Investment Market (AIM). The company is part of the Israeli group Belron International. It plans to offer the shares at 225p to 290p, valuing the company at £623-760 mln, or EUR 911 mln to EUR 1.1 bn. No details were released about how many shares would be involved or the timing of the offer.
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