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Deutz Raises EUR179 Million from Issuance of New Shares

MT Newswires·09/15/2026 03:40:17
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03:40 AM EDT, 09/15/2026 (MT Newswires) -- Deutz (DEZ.F) said Tuesday it raised 179 million euros by issuing 15,263,810 new shares at 11.70 euros apiece. The German engine manufacturer offered the new shares without pre-emption rights through an accelerated bookbuilding procedure. The company earmarked net proceeds from the share sale to boost its capital structure and financial flexibility.