Rosinter Raises $45M

Rosinter Restaurants Holding, the Russian operator of eateries including TGI Friday’s, said Monday that it raised $45 million selling new shares to fund expansion.

Rosinter sold 4.27 million shares at $10.50 each, the company said in an e-mailed statement Monday. The stock will be listed on Moscow’s RTS and MICEX exchanges.

(Bloomberg)


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