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Comvita raising $50m to fund growth

The offer is fully underwritten.

Comvita is raising $50 million to shore up its balance sheet and set it up to meet demand in China and North America.

The listed honey producer said it would raise the equity at $2.50 a share, through a $20m placement to institutional investors and a $30m entitlement offer of one share for every

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Calida Stuart-Menteath Thu, 28 May 2020
Contact the Writer: calida@nbr.co.nz
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Comvita raising $50m to fund growth
General Business,
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