New Zealand's Moa Group rises on restaurant acquisition

Savor

10/09/2019 24:00

** Shares of Moa Group Ltd  MOA.NZ  rise as much as 6.6% to
NZ$0.325
    ** Brewing and hospitality co says it will acquire Auckland
restaurant and bar Non Solo Pizza through its unit Savor Group
Ltd for NZ$3.75 million  ($2.41 million)  urn:newsml:reuters.com:*:nNZW4xD1y6
    ** Stock posts its biggest intraday pct gain since Aug. 26
    ** Stock has fallen about 40% this year, as of last close


($1 = 1.5562 New Zealand dollars)