FPF will merge or takeover HNZ.
You read it here first.
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FPF will merge or takeover HNZ.
You read it here first.
See that Haier is adding 100 new jobs to R&D, design team at FPA?
Sadly, hardly any coverage about that from the media.
Only the xenophobic reaction seems to get coverage?
I guess Haier will have the right people in place to manage the media when HNZ becomes FPF Bank?
Warehouse would have to be a potential buyer for FPF. They've just bough Noel leeming and have their own credit card. Might be issues with Farmers as they would want Warehouse running their finance scheme.
Plus what about GE - they would love to add it to their book.
I have also heard the same rumblings.
Haier bought FPA for its intellectual property and originally thought they would sell FPF. They have now realised that the finance business model is a key piece of intellectual property. They hope to take the model and replicate it in China.
So HNZ may just have to build their business the hard way, organically.