NZ education IPO to raise NZ$234m

Arowana confirms plans to float its education business, and says it will retain a stake of up to 25 per cent.

Arowana International says it will float its Arowana private education business Intueri Education Group to raise up to NZ$234 million.

Arowana says in its prospectus that it will seek a dual listing on the New Zealand and Australian stock exchanges for the business, which it says is the largest vocational trainer in New Zealand.


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