Displaying items by tag: Raises Money
12th November 2019
Buyer of Harland & Wolff InfraStrata Raises Money for Deal
An energy firm, BBC reports, that agreed to buy the Harland and Wolff shipyard in Belfast has raised the money it needs to complete the deal.
InfraStrata raised £6m through a share issue on Monday.
The east Belfast shipyard, best known for building the Titanic, was agreed for sale to the London-based firm last month.
It went into administration in August, putting 120 jobs at risk, after its Norwegian parent company collapsed.
InfraStrata shareholders need to approve the deal at a meeting on 29 November.
More here on this story.
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Belfast Lough
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