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Hot Topic Summer features
General Business
2 mins to read

Creditors take control of NZ trustee

Australian parent of Sargon NZ in receivership.

Tim Hunter Fri, 31 Jan 2020

The Australian parent of New Zealand trustee and fund supervisor Sargon NZ has been placed in receivership after struggling to come up with the money for an acquisition.

Sargon Capital had been trying to buy Australian trustee business Diversa from ASX-listed OneVue but was forced to seek

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Tim Hunter Fri, 31 Jan 2020
Contact the Writer: thunter@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Tags
Sargon Capital receivership Phillip Kingston Perpetual Guardian
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