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pencarrow private equity

Pencarrow looks at Canterbury opportunities for $124m fund

Private equity firm keen on getting exposure to the $30 billion rebuild.

Fullers Group to acquire Kawau Kat Cruises

In an acquisition likely to test the Commerce Commission’s new streamlined application process, Scottish businessman Brian Souter is looking to add Kawau Kat Cruises to his recently acquired ferry business Fullers Group.

Mr Souter’s private investment company Souter Holdings bought Fullers from NZX-listed Infratil for $40 million two months ago.