Corporate

Moa asks for cash to buy hospo group

Unprofitable beermaker Moa Group will ask shareholders for more money next year to help pay for what could be a $21.4 million acquisition of bar and restaurant owner Savor Group. 

Moa may need to work hard to convince shareholders to approve the deal, given its value relative to the beermaker's $24.7 million market capitalisation. It will need to raise at least $

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