News

Rumours of new Hanover bid greatly exaggerated

Wednesday 25th of November 2009

The NZ Herald reported this morning that a second bid was in the wings and that it would be from a well-known and "trusted" company which had a track record of doing the right thing for investors.

Sources within Hanover have told depositrates.co.nz that Allied is the only company which has done due diligence on the finance companies assets.

It would be highly unlikely tha...

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