Elders launches capital raising

Agribusiness Elders has placed its shares in a trading halt as it prepares to announce plans for a capital raising.

Shares in agribusiness Elders have been placed in a trading halt as it carries out capital raising. (AAP)

Shares in agribusiness Elders have been placed in a trading halt as it carries out a capital raising.

Elders did not reveal how much money it was raising from investors, but said it was undertaking a bookbuild.

It expects its shares to remain in a trading halt until Monday at the latest.