31 Oct 2011

Summerset to trade on stock exchange

7:38 am on 31 October 2011

The retirement village operator Summerset will start trading on the stock exchange at midday on Tuesday 1 November.

The company raised nearly $124 million in the largest initial public offering in New Zealand for more than two years.

Australasian-based Quadrant Private Equity controls 56% of Summerset.