The craft brewer says it has made 'good progress' satisfying conditions for the purchase.
Craft brewer Moa has confirmed a rights issue to raise $2-3 million in its effort to buy Auckland-based hospitality venture Savor Group.
The rights issue will take place on March 18 at 38c per share at a 1 for 11 entitlement ratio closing on April 10. Moa shares are currently trading at 41c.
Want to read more? It's easy.
Choose your subscription
Already have an account? Login
Smartphone Only Subscription
NZ$29.95 / monthly
Monthly Premium Online Subscription
NZ$49.95 / monthly
Smartphone Only Annual Subscription
NZ$299.00 / yearly
Yearly Premium Online Subscription
NZ$499.00 / yearly
Premium Group Membership 10 Users
NZ$385+GST / monthly
$38.5 per user - Pay by monthly
credit card debit
Premium Group Membership 20 Users
NZ$660+GST / monthly
$33 per user - Pay by monthly
credit card debit
Premium Group Membership 50 Users
NZ$1375+GST / monthly
$27.5 per user - Pay by monthly
credit card debit
Premium Group Membership 100 Users
NZ$2100+GST / monthly
$21 per user - Pay by monthly
credit card debit
Yearly Premium Online Subscription + NBR Marketplace
NZ$999.00 / yearly
Individual
Group membership
NBR Marketplace
Sign up to get the latest stories and insights delivered to your inbox – free, every day.
Sign up to get the latest stories and insights delivered to your inbox – free, every day.
