-
Originally Posted by winner69
I see they own 50% of Mrs Higgins .... that's good
What does Mr Higgins think about that??
-
BusinessDesk and Stuff are reporting that Partners Life has been sold for $980m to Dai-ichi. Sale costs quoted as being $30m, so $950m net.
https://businessdesk.co.nz/article/f...chi-in-1b-deal
https://www.stuff.co.nz/business/ind...panese-insurer
According to the Companies Office Rangatira own 4.93% of Partners Life, so presumably a good pay day coming. I note an upward revaluation of the Partners Life investment was included in the June valuation update, so presumably most of the gain already reflected.
Coupled with the current capital raise of $35 to $50m, Rangatira will have a great war chest to chase some new investments.
Last edited by Southern Lad; 12-08-2022 at 09:39 PM.
-
-
-
Last edited by nztx; 30-06-2023 at 11:06 PM.
-
-
https://prod-trade.usx.co.nz/api/fil...672eb5d76d.pdf
Interesting investment - don't think they have anything in this industry already??
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
|
|
Bookmarks