NZ rich-lister buys 10% stake in Radius Care

Berridge Spencer's investment vehicle is getting into aged care. (Image: Supplied)

Tue, 04 Jun 2024

A company owned by rich-lister Berridge Spencer has taken a stake in aged-care provider, Radius Residential Care.In a statement to the New Zealand Exchange (NZX) on Tuesday, Windhaven Care Holdings, part of private equity company Windhaven Investments, said it had spent more than $3.6 million for a 10.6% slice of the company at $0.12 a share.Radius shares were up 8% to $0.135 on Tuesday on light volumes.Windhaven is one of several Clime Group subsidiaries owned by Spencer, son of the late John Spencer.Windhaven chief executive Ben Unger told Bu...

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