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

 

Wynn Williams advises on sale of New Zealand Warriors

The Wynn Williams Corporate Advisory Team acted for New Zealand Warriors Limited, the company that owns the Vodafone Warriors, on the sale of the club to a consortium made up of the Carlaw Heritage Trust and Autex Industries.

The Wynn Williams team was led by Partner Nick Kovacevich.

The Carlaw Heritage Trust is an arm of Auckland Rugby League, with Cameron McGregor the chairman of both bodies. It acquired a 67% share of the club with manufacturing company Autex Industries, a longstanding supporter of rugby league in New Zealand, acquiring the remainder.

The transaction was completed via a competitive sales process, with the Carlaw Heritage Trust and Autex Industries being chosen ahead of other bidders, including an American investment consortium led by Hawaiian Richard Fale.

For further information please see the following article on Stuff: https://www.stuff.co.nz/sport/league/103551948/New-Zealand-Warriors-sold-to-Carlaw-Heritage-Trust-and-Autex-Industries

Ends

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Primary Sector Council Report: Vision To Unite The Primary Sector Launched

Agriculture Minister Damien O’Connor has welcomed the release of a bold new vision for the country’s vital food and fibre sector. More>>

ALSO:

Crown Accounts: Treasury HYEFU Sees Deficit Then Rising Surpluses

An operating balance before gains and losses deficit of $0.9 billion is forecast in the current year, before returning to a small surplus in 2020/21 which then grows to reach $5.9 billion (1.5% of GDP) in 2023/24. More>>

ALSO:

Fuels Rushing In: Govt "Ready To Act" On Petrol Market Report

The Government will now take the Commerce Commission’s recommendations to Cabinet...
• A more transparent wholesale pricing regime • Greater contractual freedoms and fairer terms • Introducing an enforceable industry code of conduct • Improve transparency of premium grade fuel pricing... More>>

ALSO:

Reserve Bank Capital Review Decision: Increased Bank Capital Requirements

Governor Adrian Orr said the decisions to increase capital requirements are about making the banking system safer for all New Zealanders, and will ensure bank owners have a meaningful stake in their businesses. More>>

ALSO: