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Napier Port IPO priced at top of the range

Strong demand seen from retail investors despite world market volatility.

Tim Hunter Thu, 08 Aug 2019

Shares in Napier Port have been priced at $2.60 in the institutional bookbuild, the top of the indicative price range, amid reports of heavy retail demand.

The initial public offer seeks more than $200 million from the sale of 90 million shares in the port, owned by Hawkes Bay Regional

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Napier Port IPO priced at top of the range
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