Waterman Capital invests in My Food Bag ahead of IPO, plans Australian exit

Tue, 18 Oct 2016

By Sophie Boot Oct. 19 (BusinessDesk) - My Food Bag Holdings, New Zealand's biggest home delivery meal kit service, has a new major investor, Auckland-based Waterman Capital, and plans to become a publicly listed company focussed on its home market. In May this year, the Auckland-based company said it was seeking expressions of interest from equity investors and had appointed PricewaterhouseCoopers to manage approaches. Today at a press conference it said the process had "garnered a huge amount of interest" and Waterman would invest as it...

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