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Domino’s advised on multimillion-dollar capital raising

Thomson Geer has advised Domino’s Pizza Enterprises on its latest capital raising.

December 12, 2022 By Emma Musgrave
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Domino’s advised on multimillion-dollar capital raising
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Firm: Thomson Geer (Domino’s Pizza Enterprises)

Deal: Domino’s Pizza Enterprises (Domino’s) has been advised on its capital raising to acquire the minority interest in its German joint venture and reduce debt.

 
 

Value: $165 million

Area: Finance, corporate

Key players: The Thomson Geer team was led by partner Eugene Fung and included senior associates Siew Mei Fagan and Thomas Gardner.

Deal significance: As per a statement from Thomson Geer, the capital raising comprises a fully underwritten institutional placement of $150 million and retail share purchase plan of $15 million.

It’s only the second capital raising the global pizza franchise has conducted since listing on the ASX, the firm added.

Commenting further, Thomson Geer lead partner Eugene Fung said: “The capital raising was announced the day after we worked with Domino’s to close its $214 million acquisition of the Malaysia and Singapore markets, in its largest ever store expansion.”

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