Kathmandu completes bookbuild to buy US footwear company
Analyst weighs in on whether the acquisition is a savvy one, and Briscoe Group invests.
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Kathmandu Holdings has raised $40 million through a share placement, the first step in raising the funds it needs to acquire a US footwear company to diversify its business.
The Christchurch-based outdoor equipment retailer raised the capital through an institutional share placement yesterday,
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Calida Smylie
Wed, 21 Mar 2018
Wed, 21 Mar 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Kathmandu completes bookbuild to buy US footwear company
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