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Victoria completes £150 million preferred equity investment from Koch
Chicago, Jan. 18 – Victoria plc announced the completion of a £150 million preferred equity investment from Koch Equity Development in an announcement on Monday.
The investment was approved by shareholders at a general meeting on Jan. 13.
The capital will be deployed to support Victoria’s acquisition-led growth while maintaining the board’s long-expressed leverage policy.
The issuer is a Kidderminster, U.K.-based flooring company.
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