September 11, 2018 / 5:19 AM / 2 months ago

Aryzta gives details of plan to raise €800 million euros to boost finances

ZURICH, Sept 11 (Reuters) - Struggling Swiss-Irish baking company Aryzta on Tuesday gave details of its plan announced last month to raise up to €800 million euros ($927.84 million) to strengthen its finances.

"A significantly improved capital structure will provide Aryzta with the means to continue to take the necessary steps to re-position the business and deliver on our strategy," said Chief Executive Kevin Toland.

$1 = 0.8622 euros Reporting by John Miller; Editing by Sunil Nair

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