The IPO of state-backed power firm Meridian Energy would raise USD 1.6 billion or NZD 1.88 billion for New Zealand.
Meridian Energy Ltd
Breaking News
The initial public offering of Meridian Energy Ltd could raise up to NZD 2 billion.
In a bid to expand sales and revenues for its sale of shares, the NZ government allowed a two part installment payment plan for the purchase of the shares from Meridian Energy.
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