The Markets
Pushpay shares surge as new investor buys cornerstone
Tuesday 23rd of March 2021
The S&P/NZX 50 Index rose 65.25 points, or 0.5%, to 12,394.34. Within the index, 27 stocks fell, 19 rose and four unchanged. Turnover was $442.2 million, the bulk of which came from the Pushpay trade.
Investors waved goodbye to early Pushpay backers, Peter and Christopher Huljich after they sold their holding to US-based investment firm Sixth Street Partners for $320m, at $1.85 per...
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