NZ investors hungry for IPOs would flock to Vodafone listing

Fri, 08 Sep 2017

By Paul McBeth Sept. 8 (BusinessDesk) - New Zealand investors starved of new company listings would be drawn to the prospect of Vodafone New Zealand joining the stock exchange. The local unit of British telecommunications carrier Vodafone Group is understood to be testing the waters for a planned initial public offering after last year's planned merger with Sky Network Television was rejected by the Commerce Commission on the grounds that such an entity would hold too much market power. While no plans have been firmed up, the Australian...

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