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

 

Warriors Transaction Completed

Auckland, 16 October 2000 – The sale of the Auckland Warriors rugby league club was completed this afternoon.

Auckland technology investor Eric Watson and the New Zealand Rugby League, combined to purchase the club from former owners Tainui. Mr Watson holds his investment through his private investment company Cullen Investments Ltd.

The club’s new board will be: Eric Watson, Matthew Ridge, Mark Hotchin, Bernie Wood and Bill McEntee.

A Cullen Investments spokesman, Paul Connell, said player negotiations were progressing satisfactorily.

Mr Watson said completing the transaction allowed all parties associated with the club to put its recent history behind them and concentrate on future developments.

“There was a short window to complete all the outstanding conditions of the sale and I am delighted to say we have achieved a satisfactory conclusion,” Mr Watson said.


ends

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 


Stats NZ: Quarterly Inflation Rising Steadily Across The Board

Higher prices for transport and food have driven up inflation for the all households group in the June 2021 quarter, Stats NZ said today. The ‘all households group’ represents all private New Zealand-resident households... More>>


Stats NZ: Primary Products Push Exports To A New High

New Zealand exports reached a new high in June 2021, off the back of record export values for logs and beef, Stats NZ said today. In June 2021, the value of all goods exports rose... More>>



Energy: New Zealand Could Be World’s First Large-scale Producer Of Green Hydrogen

Contact Energy and Meridian Energy are seeking registrations of interest to develop the world’s largest green hydrogen plant. The plant has the potential to earn hundreds of millions in export revenue and help decarbonise economies both here and overseas... More>>




Statistics: Household Saving Falls In The March 2021 Quarter

Saving by New Zealanders in the March 2021 quarter fell to its lowest level in two years after rising sharply in 2020, Stats NZ said today. Increases in household spending outpaced income growth, leading to a decline in household saving from the elevated levels that prevailed throughout 2020... More>>

ALSO: