News

Dorchester devours Direct

Wednesday 9th of February 2000
Dorchester Pacific continued to satisfy its appetite for financial services businesses yesterday by announcing it was to pay $2.75 million for Wellington-based sharebrokers Direct Broking.

Direct Broking is a niche broker that runs an online share execution service and a small managed fund business. Last year it bought the Renouf Asset Management business that includes two New Zealand share...

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