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BRIEF-Ingenia Communities Group says acquisition of lifestyle communities to be funded by capital raising
May 3, 2017 / 1:29 AM / 5 months ago

BRIEF-Ingenia Communities Group says acquisition of lifestyle communities to be funded by capital raising

May 3 (Reuters) - Ingenia Communities Group

* Announces institutional placement and 1 for 11 accelerated non-renounceable pro-rata entitlement offer to existing securityholders

* Acquisition of five lifestyle communities to be funded by $74 million capital raising

* Placement to raise $32 million Source text for Eikon: Further company coverage:

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