News

NZRPT target of bid

Thursday 14th of September 2000
Distressed asset buyer Ross Investments has launched a bid for units in the often-troubled New Zealand Rural Property Trust.

Ross Investments general manager Robert Ross, has written to all the unitholders offering to buy their units at 75.5 cents each.

Currently units in the trust are trading on Sharemart between 78 and 80 cents each, although the net...

Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.