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Bubs shares in halt for capital raising

Shares in Bubs Australia have been placed in a trading halt ahead of a capital raising by the Infant formula maker.

Bubs, which last week announced its application for a licence to sell Chinese-labelled products in stores in China plus sales deals including one with retail giant Alibaba, has asked that trading in its shares be halted until Monday at the latest.

Bubs did not immediately give any details of the capital raising.

Austrlaian Associated PressBack to Breaking News

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