NZX - CathNews New Zealand https://cathnews.co.nz Catholic News New Zealand Wed, 10 May 2023 20:19:39 +0000 en-NZ hourly 1 https://wordpress.org/?v=6.7.1 https://cathnews.co.nz/wp-content/uploads/2020/05/cropped-cathnewsfavicon-32x32.jpg NZX - CathNews New Zealand https://cathnews.co.nz 32 32 70145804 Kiwi church payment company Pushpay to delist after sale for over $1.6 billion https://cathnews.co.nz/2023/05/11/kiwi-church-payment-company-pushpay-to-delist-after-sale-for-over-1-6-billion/ Thu, 11 May 2023 05:52:08 +0000 https://cathnews.co.nz/?p=158708 Church donation and management software company Pushpay has been sold to a consortium linked to a Melbourne-based private equity firm, and will be delisted from the ASX and NZX. Existing shareholders will be paid $1.42 per share, and it is expected the delisting will occur on May 12. The sale was made to Pegasus Bidco. Read more

Kiwi church payment company Pushpay to delist after sale for over $1.6 billion... Read more]]> Church donation and management software company Pushpay has been sold to a consortium linked to a Melbourne-based private equity firm, and will be delisted from the ASX and NZX.

Existing shareholders will be paid $1.42 per share, and it is expected the delisting will occur on May 12.

The sale was made to Pegasus Bidco. Pushpay identified the takeover being made by a United States investment firm Sixth Street Partners and Australian private equity firm BGH Capital, which together held 20.3% of shares. Read more

Kiwi church payment company Pushpay to delist after sale for over $1.6 billion]]> 158708