Kiwi software maker Gentrack’s IPO hits sweet spot
Software maker Gentrack Group is trading higher in both Australia and New Zealand after making its initial public offer in a dual listing on Wednesday morning.
Gentrack Group ’s Australian traded shares lifted by 5 per cent as the software maker returned to the public markets on Wednesday, making it the latest in a wave of New Zealand companies to dual list in both their home markets and Australia.
The Auckland-based company makes customer billing software for utilities companies around the world.
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