Z energy to list at $NZ3.50
- {{x.value}}
{{ twilioFailed ? 'SMS Code Failed to Send…' : 'Enter verification code' }}
{{ completedStep1 ? 'Authentication & Security' : content.trialHeading.replace('{0}', user.FirstName) }}
{{ content.upgradeHeading.replace('{0}', user.FirstName) }}
The email address you entered is registered with InvestSMART
Please login to continue
We have sent you an email with the details of your registration.
Looks you are already a member. Please enter your password to proceed
{{ upgradeCTAText }}
Updating information
Please wait ...
Your membership to InvestSMART Group recently failed to renew.
Please make sure your payment details are up to date to continue your membership.
Having trouble renewing?
Please contact Member Services on support@investsmart.com.au or 1300 880 160
You've recently updated your payment details.
It may take a few minutes to update your subscription details, during this time you will not be able to view locked content.
If you are still having trouble viewing content after 10 minutes, try logging out of your account and logging back in.
Still having trouble viewing content?
Please contact Member Services on support@investsmart.com.au or 1300 880 160
Please click on the ACTIVATE button to activate your Intelligent Investor 15-day free trial
Please click on the ACTIVATE button to finalise your membership
Unsuccessful registration
Registration for this event is available only to Eureka Report members. View our membership page for more information.
Registration for this event is available only to Intelligent Investor members. View our membership page for more information.
- You are already registered for this event.
- This event is already full.
- Please select a quantity for at least one ticket.
- {{ i }}
Forgotten password
Please enter your email address below to request a new password
- Verify your email address by clicking on the link we sent to {{user.Email}}
- You now have free access, we look forward to helping you on your financial journey.
New Zealand fuel distributor Z Energy (ZNZ) is to raise NZ$840 million with an inital public offering priced at NZ$3.50, the Wall Street Journal reports.
People familiar with the matter told the newspaper that the price is set midway between the predetermined range of $NZ3.25-$NZ3.75 a share, which will make the market capitalisation of the company $NZ1.4 billion – the biggest float since Mighty River Power (MYT) in May.
Infratil Ltd and the New Zealand Superannuation Fund are selling a combined 60% of Z Energy for the $840 million after buying it for $696.5 million back in 2010.
Shares in Z Energy will be dual-listed on the New Zealand and Australian Stock Exchanges and will begin trading on Monday, August 19.
Call 1300 880 160
Start a chat
Schedule a call
