NIB Holdings
(ASX:NHF) has successfully completed a $60 million fully underwritten institutional placement.
The final issue price of the shares was held at $5.65 per share, a discount of 2.1 per cent at the last closing price.
About 10.6 million new ordinary shares will be issued under the placement.
It comes after the company announced it was buying GU Health from Australian Unity yesterday, which was welcomed by institutional shareholders.
Shares in NIB Holdings
(ASX:NHF) are trading 0.78 per cent lower to $5.73.
