NZF in due diligence for reverse listing

Thu, 06 Nov 2014

By Paul McBeth Nov. 7 (BusinessDesk) - NZF Group, the listed financial services shell company blocked from liquidating by its major noteholder this year, is in due diligence for a possible reverse listing, with a view to signing a deal before the end of the month. The Auckland-based company has entered into a non-binding terms sheet over a potential acquisition as a backdoor listing for the business, with all parties in due diligence investigations with a view to signing a contract on or before Nov. 20, it said in a statement. The deal ha...

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