NZ IPO issuance fades as focus turns to Australia

Investment banks not involved in this year's New Zealand privatisations hope a flurry of Australian IPOs will boost their league table positions.

By Brett Cole

New Zealand’s initial public offering has been the hottest in the antipodes in the last 12 months with $4.3 billion of share sales, almost double the amount of IPOs across the Tasman, according to Bloomberg data.

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