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Perform to raise £120m to acquire sports data provider Opta

3rd July 2013 8:44 am GMT

Digital sports content provider Perform Group is looking to raise approximately £120m through the placement of up to 23.9m new ordinary shares in the company, which will be used to fund the acquisition of Opta Sports Data Limited as well as other future acquisition opportunities.

Perform intends to place up to 23,888,211 ordinary shares in the company, representing approximately 9.99 per cent of Perform’s existing issued share capital, with both existing and new institutional investors.

The placing [...]

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