Infratil's share offer to retailers looks fair

There's money in datacentres. (Image: Infratil)

Mon, 24 Jun 2024

Infratil’s share offer to retail investors looks fairly designed and offers a good opportunity, a Forsyth Barr analyst says.Infratil is seeking $150 million from its existing retail shareholders, with the possibility of oversubscription.It follows a successful $1 billion capital raise from institutional investors with the shares sold at $10.15 per share, a discount of 6.8% to the last price before the offer of $10.89 on June 14.The share price closed at $10.64 on Friday, Forbarr analyst Aaron Ibbotson said the offer looked to be a go...

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