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General Business
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Retail investors lukewarm on Rip Curl deal

Not all Kathmandu shareholders match their votes with cash.

Karyn Scherer
Wed, 23 Oct 2019

More than 40% of the shares offered to Kathmandu’s retail investors to pay for its $368 million purchase of the Rip Curl surf brand went unsold this week.

The dual-listed outdoor goods retailer went into a trading halt on Wednesday to enable it to offer five million shares left over from the

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Karyn Scherer
Wed, 23 Oct 2019
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Retail investors lukewarm on Rip Curl deal
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