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NZ's Synlait Milk to raise NZ$120 mln in IPO and share sell-down
date:Jun 25, 2013
r the issue despite a stumble in the country's share prices, which have retreated 6 percent from a lifetime high hit in May.

But some questioned whether many offshore investors would be attracted to the issue, given its limited size.

There might be some offshore interest, but it will probably be the more smaller, opportunistic players, said a New Zealand fund manager who declined to be named.

It will be hard for global investors to gain a material stake.

In the offer jointly lead managed by

12/24 20:08