NEW ZEALAND

Powercco slides off NZ bourse

THE New Zealand Stock Exchange today suspended trading in Powerco shares and capital bonds in ant...

The NZX said all remaining Powerco securities quoted on the New Zealand Debt Market (NZDX0, which offers a range of investment securities, were unaffected.

Brisbane-based Prime Infrastructure earlier this month completed its takeover of Powerco, at NZ$2.15 per share.

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