Can NZ keep allowing private equity poaching?

Sun, 27 Jan 2019

By Jenny Ruth Jan. 28 (BusinessDesk) - New Zealand needs to decide whether it’s acceptable for so many companies to be snapped up by overseas private equity firms long before those companies are developed enough to list on NZX, says Financial Markets Authority chief executive Rob Everett. “If all the best investment opportunities are taken up by private equity, what’s available for listing, more often than not, will have had all the juice squeezed out of it,” Everett told BusinessDesk. NZX has tried a number of things to try to encoura...

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