Infratil Limited (IFUUF) has released an update.
Infratil Limited has announced the successful closure of its oversubscribed retail share offer, raising a total of NZ$275 million, exceeding the initial target by NZ$125 million due to strong shareholder support. The raised funds will be directed towards investments in data centre operator CDC and other growth opportunities within Infratil’s global portfolio. New shares will be issued at NZ$10.15 each and will commence trading mid-July 2024.
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