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Investment
2 mins to read

ASX-listed builder AV Jennings could go private for A$374m

Company has been a major player in housing industry since 1932, including in NZ, but the name would disappear if US bid succeeds.

Hobsonville Point was developed through a partnership between AV Jennings and Kāinga Ora – Homes & Communities.

Lachlan Colquhoun Thu, 28 Nov 2024

ASX-listed home builder AV Jennings, known in New Zealand for the Hobsonville Point development in Auckland, could be taken private in a deal that values the company at more than double its current market capitalisation.

US real estate company Proprium Capital Partners and its investment vehicle

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Lachlan Colquhoun Thu, 28 Nov 2024
Contact the Writer: lachlan@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Private equity-owned biscuit company acquires Kiwi snack brands
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Edwards on Politics
1

The politics of high interest rates and the housing market
3

Aussie developer gets go-ahead for another Hobsonville Point precinct

GPG nets $A48.4m in sale of ASX-listed Capral, AV Jennings
Company profile
Powered by: asx logo
Change:
Price
Previous Close
Turnover
Movement
Volume
Avg Daily Volume
Daily High
Daily Low
52 Week High
52 Week Low
Related News
Deals

Private equity-owned biscuit company acquires Kiwi snack brands
Economy Matters

Auckland: NZ’s economic powerhouse and cornerstone of prosperity
Edwards on Politics
1

The politics of high interest rates and the housing market
3

Aussie developer gets go-ahead for another Hobsonville Point precinct

GPG nets $A48.4m in sale of ASX-listed Capral, AV Jennings
ASX-listed builder AV Jennings could go private for A$374m
Investment,
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