Air New Zealand's capital raise is imminent, but it has to go well. Might the war in Ukraine be a new source of delay?
With Air NZ's capital raise imminent, Chapman Tripp partner Roger Wallis responds to BusinessDesk's Jenny Ruth on the vexed question of structuring new equity offers.
By nixing an NZX float of Gull Petroleum, the Commerce Commission robbed New Zealanders of a strongly performing investment option, not to mention a locally owned fuel retailer.
New Zealand's economy has benefited from demand for soft commodities in past wars, but the economic mix today will mute the impact of the Ukrainian conflict.