Gardiner estate makes second attempt to sell controlling stake in Rainbow’s End

Aug. 3 (BusinessDesk) - Garlow Management, the trustee for the estate of Canadian George Ryerson Gardiner, is to make a second attempt to sell its controlling stake in New Zealand Experience, which operates the Rainbow’s End theme park in south Auckland.
The trustees “have informed NZE that they wish to commence a process to seek expressions of interest for the acquisition of their shareholding,” the company said in a statement today. NZE has been asked to assist in the process.
“It is possible that the process will result in a transaction i...
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