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Auckland Airport institutional shareholders snap up new shares, trading halt to be lifted next week

Analysis

New Zealand's Auckland Airport announced more than 99% of its institutional shareholders elected to take up discounted stock in its 1 for 16 offer. The institutional entitlement offer raised NZD69.4 million, reducing the amount of stock that will be available to other institutions. The targeted total to be raised is NZD126.4 million.

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