UK's Skipton Building Society buys out Jade Software shareholders

Mon, 10 Jul 2017

By Paul McBeth July 10 (BusinessDesk) - UK non-bank lender Skipton Building Society has bought out minority shareholders in Jade Software as the Christchurch-based tech company targets an early return to profit. Documents lodged with the Companies Office today show Skipton Investments Holdings increased its stake to 99.92 percent from 56 percent, acquiring 61 share allocations including a 26 percent stake held by USA Health Investors and founder Gil Simpson 2.2 percent stake, and leaving just five other shareholders on the register with...

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