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Northgate raises $30mn on Luxembourg bourse

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BS Reporter New Delhi
Northgate raises $30mn on Luxembourg bourse
BS Reporter / New Delhi October 26, 2007
Northgate Technologies today informed the BSE that it has raised $30 million on the Luxembourg Stock Exchange under the Euro MTF market. The company had issued 3.66 million global depository receipts (GDRs) on October 23, 2007, at a price of $8.20 per GDR aggregating $30 million.

Each GDR represents half of one equity share of the company.

Northgate

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First Published: Oct 26 2007 | 12:56 PM IST

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