DealWatch: Big firms plan NZX exits

Lawyers have been gearing up to help listed firms go private. (Image: NZME).

Thu, 25 Jul 2024

The country’s top deal lawyers have been busy with major exits from the New Zealand Exchange announced just this week.Arvida, which first received a bid last November, turned to its regular adviser Roger Wallis at Chapman Tripp, along with partner Nick Letham, as it recommends a $2 billion takeover to shareholders.Bell Gully’s Gabrielle Menzies, Toby Sharpe and Sam Dykes took lead roles for the buyers Stonepeak.Another market-rocking event this week was The Warehouse's potential exit from...

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