WorleyParsons capital raise underway ahead of takeover

WORLEYPARSONS has today launched its fully underwritten Retail Entitlement Offer, part of the company’s plan to raise capital for its proposed US$3.3 billion (A$4.6 billion) acquisition of US-based Jacobs Engineering Group’s energy, chemical and resources division, Jacobs ECR.

WorleyParsons capital raise underway ahead of takeover WorleyParsons capital raise underway ahead of takeover WorleyParsons capital raise underway ahead of takeover WorleyParsons capital raise underway ahead of takeover WorleyParsons capital raise underway ahead of takeover
 
 
The company is seeking to raise $2.9 billion in total through the capital raise which will offer shareholders a 1 for 1.

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