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Ngāi Tahu Holdings takes stake in Rockit

Rebecca Howard
Fri, 05 Mar 2021

Rebecca Howard
Fri, 05 Mar 2021
Miniature apple marketer Rockit Global announced a successful capital raise, with Ngāi Tahu Holdings taking a 6% stake in the company.“Ngāi Tahu Holdings expressed an interest in Rockit early on in the process, recognising there was alignment with its strategic goals,” said Rockit chairman John Loughlin.Foundation investor Punchbowl Investments, along with its PB Rock group of investors, lifted the combined Punchbowl and PB Rock stake to 15% and Pioneer Capital remains the largest stakeholder, with about 40%.“This opportunity...

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