Orion private placements provide clue for IPO price

Wed, 22 Oct 2014

By Fiona Rotherham Oct. 22 (BusinessDesk) - Recent issues of Orion Health Group shares to private investors provide clues to the issue price in its upcoming initial public offer, The Auckland developer of software systems for patient health management this week confirmed it would raise between $120 million to $150 million through floating on the NZX and ASX late next month. A prospectus and investment statement are expected out next week and it's understood broker reports issued earlier this month had a wide ranging valuation on the com...

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