ON THE MONEY: Kiwi Wealth, Kiwi Xero, a blast from the past, and more

Bruce McLachlan and Sledge Hammer, (played by David Rasche, pictured). Both find journalists annoying. (Images: Supplied/Getty)

Pattrick Smellie

Sat, 13 Aug 2022

Where’s the Kiwi Wealth deal?The announcement of Kiwi Wealth’s sale to Fisher Funds was firmly on the calendar for the Wednesday or Thursday of the week before last, but as we headed into this weekend, there was no sign of what still appears to be a done deal.We wondered whether Fisher might be waiting for a bit of clear air after the broad outline of the deal was leaked in detail to BusinessDesk ahead of time, apparently causing the funds manager’s chief executive Bruce McLachlan to let it be known that he was “very dis...

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