Oakley raises £130m for deals

Michael Bow
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TIME OUT and made.com owner Oakley Capital yesterday raised £130m through its stock market-listed vehicle to pursue more deals.

Fund manager Neil Woodford and firms Invesco Perpetual, Sarasin and Ruffer will stump up the cash for Oakley, which is led by entrepreneur Peter Dubens.

The placing is comprised of 78.7m shares at 165p each and will boost the group’s listed vehicles by about 40 per cent.