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NZI to delist

NZJ Corp is to delist from London’s International Stock Exchange from September 30. The company said in a statement that arrangements made with Britain’s General Accident Fire and Life Assurance Corp, Pic, had "changed NZl’s geographic strategies and its need for equity-linked funding.” General Accident acquired a 51 per cent shareholding in NZI in June this year through the purchase of Brierley Investments’ 38 per cent holding.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19880924.2.163

Bibliographic details

Press, 24 September 1988, Page 40

Word Count
70

NZI to delist Press, 24 September 1988, Page 40

NZI to delist Press, 24 September 1988, Page 40