SkyCity pushes ahead with $240m raise despite Allan Gray warning

Jason Walbridge says 2026 will be a 'trough year', but better times are ahead. (Image: NZME)

Thu, 21 Aug 2025

SkyCity chief executive Jason Walbridge says he has taken Allan Gray’s criticisms of a planned equity raise into account but believes the move is in the best interests of all shareholders.“Most of our shareholders we've spoken to are very supportive of our position, given the regulatory and economic challenges that we have,” Walbridge said in an interview with BusinessDesk.“I understand that everyone has a view here, and I certainly respect that, and we've taken some of Allan Grey's feedback into account.&ldq...

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