New Zealand Professional Investment Services Firm

Forsyth Barr

We are proud to be a New Zealand owned firm, with 21 offices throughout the country and over 300 employees. We assist personal, institutional and corporate clients providing a full range of investment services.

Forsyth Barr is a foundation New Zealand Exchange firm (NZX) and accredited market participant. We have been confirmed by the Financial Markets Authority as a Qualifying Financial Entity (QFE).

Research is the cornerstone of our advice. We have one of New Zealand's leading teams of analysts. Our global affiliations ensure comprehensive research coverage of all major investment markets.

New Zealand Professional Investment Services Firm, Forsyth Barr

Equity Bottom-Up

CNI intend to lift the cash portion of the offer by 2cps to 22cps. No change to the script ratio of 0.392 CNI shares per AUG share.
CNI has acceptances of 42.8% thus far, a further 20.9% of shareholders have agreed to accept the offer if the cash portion increases to 22cps, combined this equates to 63.9%. CNI intends to make the offer unconditional if acceptances are &gt;63.5%.
Updated live offer price:
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Rohan Koreman-Smit&nbsp; Senior Analyst, Equities Forsyth Barr Limited
P: +64 9 368 0085 | TF: 0800 367 227&nbsp; Level 23, Lumley Centre, 88 Shortland Street, Auckland

CNI intend to lift the cash portion of the offer by 2cps to 22cps. No change to the script ratio of 0.392 CNI shares per AUG share.
CNI has acceptances of 42.8% thus far, a further 20.9% of shareholders have agreed to accept the offer if the cash portion increases to 22cps, combined this equates to 63.9%. CNI intends to make the offer unconditional if acceptances are &gt;63.5%.
Updated live offer price:


Rohan Koreman-Smit&nbsp; Senior Analyst, Equities Forsyth Barr Limited
P: +64 9 368 0085 | TF: 0800 367 227&nbsp; Level 23, Lumley Centre, 88 Shortland Street, Auckland

AUG - CNI Lift Cash Portion of Takeover Offer

Augusta Capital

AUG - CNI Lift Cash Portion of Takeover Offer