Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Canwest Mediaworks Confirms Key Dates For IPO

Canwest Mediaworks Confirms Key Dates For IPO

CanWest MediaWorks (NZ) Limited today confirmed its offer of 68.0 million ordinary shares to the public would open on 30 June and close on 21 July. The prospectus will be registered today (25 June).

An additional 13.6 million shares may be made available for sale to the public by the CanWest group. The offer is expected to raise between NZ$102.0 million and NZ$134.6 million. Following the offer, CanWest MediaWorksNZ will acquire the CanWest Group's New Zealand media operations.

The offer will comprise a retail offer in New Zealand for general investors, employees and clients of brokers, and an institutional offer in New Zealand, Australia and certain other jurisdictions.

No money is currently being sought and no applications for CanWest MediaWorks (NZ) Limited securities will be accepted or money received unless the subscriber has received an investment statement for the CanWest MediaWorks (NZ) Limited share offer.

© Scoop Media

Business Headlines | Sci-Tech Headlines


Media Mega Merger: StuffMe Hearing Argues Over Moveable Feast

New Zealand's two largest news publishers are appealing against the Commerce Commission's rejection of the proposal to merge their operations. More>>


Approval: Northern Corridor Decision Released

The approval gives the green light to construction of the last link of Auckland’s Western Ring Route, providing an alternative route from South Auckland to the North Shore. More>>


Crown Accounts: $4.1 Billion Surplus

The New Zealand Government has achieved its third fiscal surplus in a row with the Crown accounts for the year ended 30 June 2017 showing an OBEGAL surplus of $4.1 billion, $2.2 billion stronger than last year, Finance Minister Steven Joyce says. More>>


Mycoplasma Bovis: One New Property Tests Positive

The newly identified property... was already under a Restricted Place notice under the Biosecurity Act. More>>

Accounting Scandal: Suspension Of Fuji Xerox From All-Of-Government Contract

General Manager of New Zealand Government Procurement John Ivil says, “FXNZ has been formally suspended from the Print Technology and Associated Services (PTAS) contract and terminated from the Office Supplies contract.” More>>