Less rosy prospects for Meridian IPO may prompt New Zealand government rethink

By Naomi Tajitsu WELLINGTON | Tue May 28, 2013 3:09am EDT WELLINGTON (Reuters) - The New Zealand government said breaking up its sale of shares in Meridian Energy into tranches is one of several options, as recent weakness in equity markets raises the prospect of the IPO coming in at the lower end of expectations. The planned offering of 49 percent of Meridian Energy, the country's ...