Financial Times FT.com

DSG considering rights issue

By Andrea Felsted, Neil Hume and Kate Burgess

Published: April 4 2009 01:39 | Last updated: April 4 2009 01:39

DSG International, the electrical goods retailer, is considering raising several hundred million pounds from shareholders in a rights issue.

People familiar with the situation said DSG’s resources were sufficient to complete its three-year turnround plan, which includes sprucing up its tired estate, and the retailer had the support of its banks.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this