New Zealand Superannuation Fund Purchases 35% Stake in Datacom

Posted on 12/17/2012

The press release states, “The New Zealand Superannuation Fund has reached a conditional agreement to purchase New Zealand Post’s 35% stake in technology services company Datacom for $142 million. GM Investments Matt Whineray said Datacom was a New Zealand success story with further growth potential both locally and overseas. “Datacom’s conservative balance sheet and long-term […]