ACC, Nikko, Fisher and ANZ will vote against Pushpay buyout

ACC, Nikko, Fisher and ANZ will vote against Pushpay buyout
Pushpay board chair Graham Shaw has said the bid offers shareholders good "risk adjusted value". (Photo: TIN)
Dan Brunskill
Sixth Street and BGH Capital’s bid to buy Pushpay Holdings is on shaky ground after four fund managers announced they will vote against the scheme of arrangement.  The Accident Compensation Corporation, Nikko Asset Management, Fisher Funds and ANZ Investments have all announced they will oppose the buyout as they are unsatisfied with the offer price. This has spooked arbitrage investors and Pushpay shares have traded as low as $1.26, having traded at or above $1.30 for several weeks. A person familiar with the transaction s...

More Markets

NZME chief financial officer David Mackrell resigns, to join Sky TV
Markets

NZME chief financial officer David Mackrell resigns, to join Sky TV

NZME is losing one of its long-established executives as he switches to the top table at Sky Television.NZME chief financial officer David Mackrell has resigned and will join Sky as its new chief financial officer in January, the two publicly listed companies have revealed in sep...

Your mid-year investment health check
Markets

Simon Robertson: Your mid-year investment health check

What should you really be looking for from your fundie? 

Simon Robertson 05 Jul 2025