2degrees pushes back on IPO worry whispers

2degrees chief executive Mark Aue. (Image: 2degrees)

Thu, 08 Jul 2021

2degrees has pushed back against a media report claiming prospective investors in a listing were concerned about the telco’s dividend payout plan.A 2degrees spokesperson told BusinessDesk today there have been 16 non-deal roadshow meetings “in and around New Zealand” with institutional funds, with Australian meetings planned for next week.They said the presentation packs provided in the meetings do not contain any forward-looking financial information and countered the reported investor worry about its dividend plan.“It...

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