The deal for the largest locally owned cybersecurity firm in Australasia will be a successful exit for Aussie PE firm BGH.
The pensions giant offered ‘sustainable’ funds that included investment in fossil fuels, gambling, and alcohol.
The Australian dollar fell on the inflation data, suggesting the market is discounting chances of a rate rise next week.
Rex operated regional routes successfully for several decades, but an ambitious expansion on capital city routes has been a catalyst for failure.
The chain had ambitions to roll out 300 stores throughout Australia, but has been hit by tough competition and consumer spending cutbacks
Financial problems at Rex Airlines come after the collapse of low cost carrier Bonza in April.
The companies continue to be in dispute over plumbing leaks installed by the builder using Fletcher products.
Investigations are continuing into the affair, and senior executives including the chief executive will be under scrutiny.
As Kiwi regulators probe trading in Warehouse shares ahead of a takeover offer, their Australian counterpart is talking tough on leaks and insider trading.
The move comes after the bank initiated two internal inquiries into the affair last week.