The announcement is the first major move by chief executive Mark van Dyck, who joined four months ago.
Expressions of investment interest being sought from staff and customers.
Deal reportedly values NZ Rugby at US$2 billion.
Brokers say the shift from virus to vaccine should pave way for recovery.
Days after a please explain from NZX RegCo, Meridian shares pump up again.
Market Outlook: Craigs private wealth research head Mark Lister on the week ahead.
Coverage of mid to small companies will be extended.
Analyst says standards for default providers should rightfully be high.
Market Outlook: Fisher Funds chief investment officer Frank Jasper on the week ahead.
On The Money: How the Australian super review is relevant to NZ.