MARKETS

Institutions back Cooper plans

COOPER Energy's plans to buy back the Orbost gas plant from APA Group has received support from institutional investors which have raised $183 million via a placement.

Institutions back Cooper plans

The company raised the funds within just three days at an offer price of 24.5 cents per share, via a two-for-five pro rata entitlement offer. Approximately 95% of eligible shareholders subscribed...

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