Kerr too busy to attend Pyne Gould AGM, focuses on Perpetual sale

Wed, 28 Nov 2012

Nov. 28 (BusinessDesk) – Pyne Gould Corp said its managing director and controlling shareholder George Kerr is too busy closing the sale of wealth manager Perpetual Group to attend the company’s annual meeting in Auckland today. Kerr’s Australasian Equity Partners Fund No. 1 owns 76 percent of Pyne Gould, having failed this year to take the company private. He is currently overseas closing the deal, the company said in an update to the NZX today. “Unfortunately I am unable to attend as we are working to a tight timeline to achieve a quality...

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