Childcare operator G8 steps up expansion with $100m raising

By Jessica Gardner
Updated October 22 2014 - 1:18pm, first published 12:58pm
The latest capital raising will fund a $38 million deal to buy 20 new centres, which G8 expects to settle in February. Photo: Peter Braig
The latest capital raising will fund a $38 million deal to buy 20 new centres, which G8 expects to settle in February. Photo: Peter Braig
The latest capital raising will fund a $38 million deal to buy 20 new centres, which G8 expects to settle in February. Photo: Peter Braig
The latest capital raising will fund a $38 million deal to buy 20 new centres, which G8 expects to settle in February. Photo: Peter Braig
The latest capital raising will fund a $38 million deal to buy 20 new centres, which G8 expects to settle in February. Photo: Peter Braig
The latest capital raising will fund a $38 million deal to buy 20 new centres, which G8 expects to settle in February. Photo: Peter Braig
The latest capital raising will fund a $38 million deal to buy 20 new centres, which G8 expects to settle in February. Photo: Peter Braig
The latest capital raising will fund a $38 million deal to buy 20 new centres, which G8 expects to settle in February. Photo: Peter Braig

G8 Education chairman Jenny Hutson says the childcare operator's latest $100 million capital raising, its first underwritten offer, reflects its evolution to a large company with global standing among investors.