NZSF and ACC Agreed to Key Terms on Kiwi Group Deal

The deal is moving forward. The New Zealand Post has agreed to key terms in which the New Zealand Superannuation Fund (NZSF) and the Accident Compensation Corporation (ACC) will become joint owners of Kiwi Group Holdings (KGH) Limited. NZSF and ACC made an offer in April 2016 to purchase large minority stakes, a combined ownership percentage of 45%, in KGH. Kiwi Group Holdings Limited is the holding company of Kiwibank Limited, Kiwi Wealth Management (formerly GMI), The New Zealand Home Loan Company Limited, Kiwi Insurance Limited and Kiwi Capital Funding Limited.

New Zealand Superannuation Fund Profile | ACC Profile

[ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


Contact the writer or creator of this article or page.
Questions or comments: support(at)swfinstitute(dot)org
Follow on Twitter at @swfinstitute and @sovereignfunds
Learn, Attend and Network: Institutional Investor Events and Summits
Go Back: HOME: Sovereign Wealth Fund Institute
 
institutional investor investment mandates