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Keep up to dateBy Dave Rogers2020-09-24T12:56:00
Materials firm completed £165m equity raise over summer
Materials firm SIG said it expects to stay in the red in the second half of the year after the firm slumped to a £125m pre-tax loss in the first six months.
The firm, which over the summer shored up its finances with a £165m equity raise which included £60m from New York private equity firm Clayton, Dubilier & Rice, crashed to a £125.4m loss in the six months to June from a £2.2m profit last time.
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