NZX has announced a trading halt on Rakon Limited's ordinary shares.
The halt was put in place at 10:13am on Monday, December 11.
It will continue until the issuer makes an announcement or until the market opens on Tuesday, December 12.
See moreThe deal is subject to regulatory approvals and commercial conditions.
Every sector of the Australian share market has lost ground.
The S&P/NZX 50 Index closed at the day’s low of 12,349.47, down 46.79 points or 0.38%.
To join your company account for BusinessDesk and enjoy full access, enter your email and we’ll send you details