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Article: No summit for shares at Kathmandu.
- Article from:
- Australasian Business Intelligence
- Article date:
- November 12, 2009
CopyrightCOPYRIGHT 2009 News provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Eli Greenblat
Nov 12, 2009 (The Sydney Morning Herald - ABIX via COMTEX) -- The indicative share price range in the initial public offering of outdoor clothing retailer Kathmandu was set at between $A1.65 and $A1.90. However Goldman Sachs JBWere and Quadrant Private Equity, the private equity firms that currently own the business, will now only gain $A1.70. The reasons are the recent correction in the sharemarket and the news Kathmandu ...