Carters IPO deferred: official

By NZHJ September 29, 2015 Industry news

A statement just released says that the proposed Carters IPO (see our story here) has been deferred. It says:

"Consideration of a proposed stockmarket listing for building supplies distribution business Carters is on hold, owner Carter Holt Harvey (CHH) announced today. 

"CHH said while the Carters business continued to perform strongly, benefitting from the robust New Zealand construction environment, the ongoing uncertainty in global equity markets had led CHH to review the merits of a listing at this time."

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