Chorus, the telecoms infrastructure company spun off from Telecom New Zealand, has listed on the Australian Securities Exchange (ASX).
Its stock opened on Monday at A$2.270 (US$2.23) per share and closed at A$2.300.
According to the Wall Street…
Chorus, the telecoms infrastructure company spun off from Telecom New Zealand, has listed on the Australian Securities Exchange (ASX).
Its stock opened on Monday at A$2.270 (US$2.23) per share and closed at A$2.300.
According to the Wall Street Journal, shares of Chorus will also list on the New Zealand Stock Exchange (NZX) on Wednesday.
Telecom New Zealand said in October that it expected to finalise the demerger, through a court-approved scheme of arrangement, by 30 November.