Comvita deal fails, attention turns to capital raise

Comvita deal fails, attention turns to capital raise


BusinessDesk

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Manuka honey exporter Comvita is heading for a capital raise after a takeover scheme failed to obtain enough shareholder votes. Photo / NZME

Comvita’s shareholders have voted down the Florenz deal, as its board now turns its attention to raising cash, BusinessDesk reports.

The 80 cents per share offer for all of the NZX-listed company was put to shareholders in August, with a special meeting held in Auckland on Friday.

While the



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