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Investment
1 mins to read

Metroglass deal with Australian family office falls over

Cowes Bay entered into a conditional agreement to take a 13% stake in the glass company and subscribe in an upcoming capital raise in September.

Nicholas Pointon Mon, 16 Dec 2024

NZX-listed glass manufacturer Metro Performance Glass plans to secure capital from the Australian family office Cowes Bay has collapsed.

The company announced in September that it had entered into a conditional agreement with the family office to invest $1.9m into the business for a 13% stake.

Under

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Nicholas Pointon Mon, 16 Dec 2024
Contact the Writer: nicholas@nbr.co.nz
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Movement
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Avg Daily Volume
Daily High
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Related News
Investment

Metroglass trims interim loss; inches closer to capital raise

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1

NBR Listers Wells, Masfen abandon Metroglass tilt
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3

Australian family office Cowes Bay takes 13% stake in Metroglass
Shoeshine
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Metroglass outlook: cloudy with a chance of free-falls

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Metroglass delivers ‘unsatisfactory’ result, drops to $27.5m loss
Metroglass deal with Australian family office falls over
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