Investment - New Zealand - Banker hops on buses to invest
Wellington,New Zealand -Stuff.co.nz, by JAMES WEIR -25 July 2006: -- Merchant banker Bancorp is jumping on the buses, grabbing 74 per cent of Wellington's Mana Coach Services for a price understood to be about $24 million... The Waddell family has sold its controlling stake. Kerry Waddell will remain managing director, though she has sold her stake... Bancorp said the purchase was a long-term investment that had become more attractive as fuel prices and parking fees rose...
posted by Unknown @ 4:34 PM
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