Yell's Pounds 660m Cash Call to Investors

Summary


DIRECTORIES firm Yell is to raise pounds 660m from investors after announcing the latest part of a drive to shore up its finances.

The fundraising proposal from the Yellow Pages owner is greater than the pounds 500m expected following last week's refinancing deal with creditors.

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Extract


Yell's Pounds 660m Cash Call to Investors

The firm also reported a 67% slide in pre-tax profits f...

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