Heavily discounted shares offered by cash-strapped Sky
Placement and rights issue at 12c a share to raise $157m.
Sky TV is offering new shares that have been discounted by almost two-thirds to investors in the hopes of raising $157 million.
The company, which is currently in a trading halt, made the announcement to the NZX this morning.
The equity raise, which it has hinted at for a while, will be
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