News

FNZ goes for $34 million

Tuesday 27th of January 2009

Under the arrangement, FNZ management has partnered with private equity HIG Europe to take over ownership of the platform business, which straddles both the New Zealand and UK markets.

Figures from the New Zealand Companies Office showed FNZ shareholders received £18.49 per share which, after some adjustments, equates to a total of approximately £13 million or $34 million – exceeding exp...

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