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Soruce : Daily Express

Water Treatment Firm Halosource To Float

 

HaloSource has raised £31.5million at 135p a share from a placing ahead of its Aim flotation

Wednesday October 13,2010

WATER treatment firm HaloSource has raised £31.5million at 135p a share from a placing ahead of its Aim flotation next week, valuing the company at £100million.

The money raised will be used to finance expansion in China and India. Existing shareholders, including Origo Partners, sold £18.9million of shares.