New Zealand: King Salmon IPO to see exits for Direct Capital, Oregon Group

New Zealand: King Salmon IPO to see exits for Direct Capital, Oregon Group

Visual of NZ King Salmon homepage. September 2016

New Zealand fish farming corporation King Salmon plans to sell shares at NZ$1.12 in an initial public offering (IPO), giving one of its cornerstone shareholders an exit from the Marlborough Sounds fish-farmer and raise NZ$30 million ($21.7 million) of new capital. First NZ Capital and Macquarie Capital are joint lead managers of the offer.

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