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...

Use the information you’ve already given Google to create your subscription.

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Pet food millionaire snaffles Taupō racetrack
Pattrick Smellie | Sat, 17 Apr 2021

Tony Quinn is adding Taupō's Bruce McLean Park to the motorsport facilities he already owns at Hampton Downs and Highlands.

Markets Exclusive
Market regulator blasts Australian 'culture of leaks'
Dan Brunskill | Sat, 17 Apr 2021

Leaks are threatening market integrity and should not be tolerated, NZ RegCo says.

The traditional office is dying a slow, painful death
Jehan Casinader | Sat, 17 Apr 2021

The modern workplace has been through various iterations in recent decades, but no one questioned why it existed in the first place.

Partner Content
Highlights from the New Zealand company earnings season

The February earnings season has provided a snapshot of the impact covid-19 has had on different sectors over the last six months and expectations for the year ahead.

Now’s the time to ask hard questions on our future land use

How can we work together to strengthen our economy and support Kiwis to prosper while protecting our natural environment and our climate.