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Volvere launches £10m to fund turnaround investments
StockMarketWire.com
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Turnaround investor Volvere launched a £10.0 million share placement to fund acquisitions.
New shares in the company were being issued at £13.50 each.
Volvere said its strategy involved investing in or acquiring undervalued quoted companies and distressed businesses with turnaround potential.
It said it also may invest in quoted or unquoted start-up, early or development-stage companies.
At 8:58am: (LON:VLE) Volvere PLC share price was +20p at 1370p
Story provided by StockMarketWire.com
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