Subscribe today - find out more
Why you should consider BusinessDesk

Chinese firm FountainVest Partners closing in on Ziwi – report

Staff reporters
Mon, 20 Sep 2021

FountainVest Partners looks to be front-runner. (Image: Supplied)
Staff reporters
Mon, 20 Sep 2021

FountainVest Partners looks to be front-runner. (Image: Supplied)

Chinese private equity firm FountainVest Partners is nearing a deal to buy pet food company Ziwi, according to people familiar with the matter, Bloomberg reported. FountainVest plans to buy Ziwi in a deal that would value the company at about $1.5 billion, the report said. Ziwi and FountainVest Partners did not immediately respond to a request for comment. According to Bloomberg, FountainVest is the likely buyer after outbidding rivals. In August, the Australian Financial Review reported the early favorite to buy up Ziwi was...

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

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Why US private equity still sees a silver lining in the All Blacks
Trevor McKewen | Sat, 16 Oct 2021

 Silver Lake has been battered from pillar to post in the great Kiwi rugby debate. So, why is it not giving up?

On the Money
On the Money: John Key, car boss's big bonus, Chris Meehan, and more
Rebecca Stevenson | Sat, 16 Oct 2021

OTM this week: who is the go-to lawyer for high net worth New Zealanders, can this listed company boss rev up his firm, which tech exec is living la vida normal, and more.

Has Rob Everett thrown a hospital pass?
Brian Gaynor | Sat, 16 Oct 2021

Samantha Barrass, Rob Everett’s successor at the FMA, may have a baptism of fire.

Let's not lose sight of the wood for the trees

As much generation will need to be built in the next 14 years as has been built in the last 40+ years for Aotearoa to meet its commitment of achieving net zero emissions by 2050.

Getting the health and safety of remote workers right

With many staff working alone or in isolated situations, workplace health and safety is an operational priority. Here is how your business can protect remote workers.