Infratil in $850m capital raise to buy rest of One NZ
Shares in trading halt pending completion of $750m underwritten placement at $9.20 a share.
One NZ CEO Jason Paris.
Investment company Infratil has announced a $1.8 billion deal to buy the half of telco One NZ it does not already own, funded through an $850 million capital raise, cash and debt.
Infratil’s listed securities have been placed on trading halt pending the completion of a share placement to
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