PGC discloses Torchlight settlement sum
UPDATED: Taxpayer-owned funds exit as litigation settled.
UPDATE: Pyne Gould Corporation has disclosed how much its Torchlight private equity fund paid to buy out investors in a settlement of long-running litigation in the Cayman Islands.
In a statement to the NZX the company said Cayman-registered Torchlight had agreed to pay $A25.5 million ($27.8m)
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Tim Hunter
Wed, 18 Jul 2018
Wed, 18 Jul 2018
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