Investors pay A$2.50 for Pacific Brands

Retail and institutional accounts scaled back in the largest Aussie IPO of the year which begins trading today.

Cherie Marriott

April 01, 2004

Lead managers in the float of garment maker Pacific Brands - the largest IPO in Australia this year - believe they could have got more than the A$2.50 per share price if the vendors hadn't held back.

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Investors pay A$2.50 for Pacific Brands

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