The Board of SBS and Finance Now Limited is pleased to announce that they have conditionally purchased The Warehouse Group Financial Services. Finance Now has been conducting due diligence over the past few weeks and, subject to the finalisation of formal documentation, the sale is expected to be completed within the next five weeks.
The sale expands an existing working relationship between The Warehouse and the SBS Banking Group, of which Finance Now is a subsidiary. John Ward, Chair of the SBS Banking Group said, “this transaction is a positive development for the SBS Banking Group and in particular Finance Now. We look forward to continuing our long-standing and well established relationship with this strong New Zealand brand.”
The purchase does not include Diners Club New Zealand. More details will be provided at the time of the settlement of the transaction.
Note- this is conditional.
You may be interested
Elton John Postpones Auckland Concerts Until 2021 Due To IllnessNews Desk - Feb 19, 2020
Elton John says he's "incredibly disappointed" to have to reschedule his Auckland concerts planned for this week until 2021. On…
Funeral Notices – Wednesday 19th FebruaryNotices - Feb 19, 2020
If you would like your lost loved one's death / funeral notice or memoriam listed here, contact your funeral director for more…