Private equity firm Pacific Equity Partners is said to be investing $245 million for a 35% stake in a combined Jarden/JBWere NZ wealth management business, valuing the overall new entity at $700m.
The cash from PEP will fund payments to Jarden and National Australia Bank, owner of JBWere, who are
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).
