Water Treatment Firm Halosource To Float

Water Treatment Firm Halosource To Float

HaloSource has raised £31.5million at 135p a share from a placing ahead of its aim flotation.

WATER treatment firm HaloSource has raised £31.5million at 135p a share from a placing ahead of its Aim flotation next week, valuing the company at £100million.

The money raised will be used to finance expansion in China and India. Existing shareholders, including Origo Partners, sold £18.9million of shares