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SkyCity shares surge after rejecting takeover bids

SkyCity Entertainment Group's share price has jumped 10.7% this week following positive annual results and rejection of takeover offers.

Skinny McBuntu

SkyCity Entertainment Group is the top performer on the NZX this week, with its share price rising 10.7%. The gains follow the company's release of annual results that included both positive financial performance and upbeat commentary. SkyCity recently rejected takeover bids for the company.

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BusinessDesk

Following news of rejecting takeovers, SkyCity soars this week

A week after reporting its annual results, SkyCity Entertainment Group is set to be the top gainer on the NZX this week, with a 10.7% increase so far. It leads the pack for companies the market is rewarding after they…

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