Retail investor registrations close; MightyRiver float just a week away

Fri, 03 May 2013

By Pattrick Smellie May 3 (BusinessDesk) - New Zealand's first public offer privatisation of the 21st century is a week away, with registrations from individual New Zealand investors closing at 5pm ahead of next week's book-build, following by listing on the NZX and ASX next Friday. No details will be released of the number of registrants. Some 440,000 New Zealanders requested the 260-page prospectus offering shares in MightyRiverPower in a likely issue range of $2.35 to $2.80. One energy equities analyst, Nick Lewis at Woodward Partners, p...

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