Rangatira to raise up to $50m

Rangatira chair David Pilkington. (Image: Supplied)

Tue, 12 Jul 2022

A Wellington-based investment company is undertaking a $50 million capital raise to help fund future acquisitions. Earlier this week, Rangatira started raising $35m with up to $15m of over-subscriptions to “take advantage” of transaction opportunities.The offer, which is open to eligible existing and new wholesale investors, was unanimously approved by shareholders at a special meeting last week.In a statement to the Unlisted Securities Exchange (USX), chief executive Mark Dossor said the company had enjoyed a track record of p...

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