WorleyParsons (ASX:WOR) has announced the successful completion of the retail component of its Entitlement offer.
The offer is being undertaken to fund the acquisition of Jacobs Engineering Group's Energy, Chemical and Resources division.
Funds raised from the retail offer totalled about $1.1 billion at $15.56 per share.
Together with the institutional component of the offer, the total amount raised is around $2.9 billion.
New shares under the retail offer will rank equally in all respects with existing shares.
Shares in WorleyParsons (ASX:WOR) are trading 1.18 per cent lower to $15.04.