Serko closes IPO public offer early, may scale applications

Tue, 10 Jun 2014

By Suze Metherell June 10 (BusinessDesk) - Serko, the online business travel booking company, has closed the retail portion of its share offer nine days early and said it may scale back public share requests after strong investor demand. The Auckland-based company has closed the public pool component of its public offer, which opened last Wednesday and was supposed to close on June 19. It expects to list on the main board of the NZX on June 24. Serko will allocate shares to a mixture of NZX firms, New Zealand and Australian institutions...

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