Heartland welcomes sale of Quadrant's stake
The shares Quadrant sold were issued at a nominal 90c each.
The Heartland New Zealand bank is welcoming the removal of the overhang created by Quadrant Private Equity’s 9% stake.
Earlier today, the broking firm First NZ Capital sold the stake Quadrant gained in February last year as part payment for the Seniors Money International reverse mortgage business
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Jenny Ruth
Thu, 07 May 2015
Thu, 07 May 2015
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Heartland welcomes sale of Quadrant's stake
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