Polish food manufacturer Animex has unveiled plans to raise its capital by PlZ254,000 (US$59,800) through a new issue of shares constituting 0.51% of its capital.

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The share issue decision is to be voted on at the group’s general shareholders’ meeting scheduled for 19 September. The share block has been designed for Wroclaw company Agora, from which Animex hopes to buy stakes in the Opolski Zaklad Drobiarski Continental poultry processor and the Contipasz feed mill, reports the Polish information service Parkiet.

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