Auckland Airport acted ‘prudently’ with huge raise, analyst says
UPDATED: Airport’s $1b placement closed fully subscribed.
Update: Auckland International Airport’s shares traded again this afternoon, after it completed the bookbuild for its $1 billion placement.
The offer was fully subscribed at $4.66 a share, a 7.5% discount from the last close price of $5.04.
Chief executive Adrian Littlewood said the
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