Law firm seeks $60m

Law company Slater & Gordon hopes to raise $60 million to expand its business in the UK. Company shares will remain in a halt after surging as much as 10 per cent this week. The company will raise $63.9 million in equity through an underwritten placement and a share placement plan. Proceeds will fund growth in the UK personal services market.

Law company Slater & Gordon hopes to raise $60 million to expand its business in the UK. Company shares will remain in a halt after surging as much as 10 per cent this week. The company will raise $63.9 million in equity through an underwritten placement and a share placement plan. Proceeds will fund growth in the UK personal services market.

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