IRG sells Tauranga office for undisclosed sum

Wed, 08 Aug 2012

By Hannah Lynch Aug. 9 (BusinessDesk) - Investment Research Group, the NZAX-listed financial advisory and media company, has sold its Tauranga office to one of its investment advisers for an undisclosed sum. Andrew Parkinson will pay IRG cash for the sale of Investment Research Group (BOP), at a price which is "approximately 15 percent above its book value," the company said in a statement. The company's name will be changed to BOP Financial Partners. "The office is perfect for a locally-owned business," said Brent King, managing director...

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