Comvita receives offshore interest for capital raise

Comvita has attracted overseas interest as the Manuka honey maker works on a capital raise under its wider recapitalisation programme. In a stock exchange filing today (23 February), the New Zealand-based business reported receiving “credible expressions of interest” from current shareholders and new investors to back and potentially underwrite the proposed fundraising. Comvita said part of this interest had come from "an offshore strategic investor in the food and beverage sector". According to the fi ...