Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Chapman Tripp Advises on Intueri IPO

Chapman Tripp Advises on Intueri IPO And Acquisition Of Quantum Education Group

23 May 2014

Chapman Tripp has advised ASX-listed Arowana International on the initial public offering (IPO) of its Australasian education business, Intueri Education Group (Intueri). In connection with the IPO, Intueri has listed today on both the NZX Main Board and the ASX. The IPO values Intueri at NZ$235 million.

Intueri is one of New Zealand’s largest private providers of vocational education.

Chapman Tripp partner Stephen Lowe, senior associate Joshua Pringle and senior solicitor Jeremy Gray acted for Arowana and Intueri.

Stephen Lowe said: “We wish to congratulate Arowana and Intueri on today’s listing.

“Private Training Establishments (PTE) are central to New Zealand’s economy, with international education the country’s fifth largest export industry. We are pleased to see a key part of New Zealand’s economy now represented on the public markets.”

The same Chapman Tripp team advised Arowana and Intueri on Intueri’s purchase of Quantum Education Group, which completed in conjunction with Intueri’s IPO.

Ends

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

PGPs: New Programme Sets Sights On Strong Wool

A new collaboration between The New Zealand Merino Company (NZM) and the Ministry for Primary Industries (MPI), announced today, aims to deliver premiums for New Zealand's strong wool sector... More>>

ALSO:

Restrictions Lifted: No Further Tau Flies Found

The Ministry for Primary Industries (MPI) confirms that all restrictions on the movement of fruit and vegetables in Manurewa, Auckland, due to the Tau fly, have been lifted as of 2.26pm on Sunday 7 February. More>>

Crowdfinding: Awaroa Beach To Become Public Land If Appeal Succeeds

Conservation Minister Maggie Barry says a privately-owned beach will become part of the Abel Tasman National Park if an online crowdfunding campaign to buy it succeeds... More>>

ALSO:

Meat Workers Union: Waitangi Mondayisation Flaunted By Large Employer Of Maori

At the AFFCO Talley owned meat plant in Rangiuru, the company has resorted to bullying and threats... saying they could be disciplined and their union sued for an unlawful strike if workers exercise their rights to a paid day off tomorrow. More>>

Earlier:

ETS Review: Modelling Documents Released

Three technical documents are being released to help New Zealanders engage with the Emissions Trading Scheme (ETS) review, Climate Change Minister Paula Bennett says. More>>

ALSO:

Northland: Govt Plan Targets Transport, Web, Maori Assets

The government has released a 10-year plan to attract investors and lift economic growth in Northland, a region that perennially underperforms the rest of the country even while being endowed with natural beauty, productive land, minerals, a potential workforce, scope for manufacturing, forestry and aquaculture, and proximity to Auckland. More>>

ALSO:

Statistics: Unemployment Rate Falls To 5.3 Percent

The unemployment rate fell to 5.3 percent in the December 2015 quarter (from 6.0 percent), Statistics New Zealand said today. This is the lowest unemployment rate since March 2009. There were 16,000 fewer people unemployed than in the September ... More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news