Blackwell Global Group, a CySEC, FCA, FMA and SFC-regulated forex brokerage, announced it has acquired a cornerstone shareholding position in the publicly traded New Zealand financial services provider NZF Group Limited.
NZF was providing financial services, including investments and a range of personal and commercial lending products.
After the acquisition NZF has been renamed Blackwell Global Holdings Limited and has resumed trading on the NZX Main Board, New Zealand’s senior Stock Market. According to the announcement, the new entity Blackwell Global Holdings Limited is planning to raise further capital to expand the lending products and expertise as a derivative issuer.
“The acquisition of our cornerstone shareholding in NZF Group Limited is an important step in our strategy of creating business synergy and solidifying our foothold in the global finance industry,” said Michael Chai, Chairman of the Blackwell Global Group, “We aim to inject renewed stability with Blackwell Global’s asset financing solutions. Our external investors can be assured of the stable support, flexibility and expertise we offer with our customised solutions, a service we have built our global business upon.”
Blackwell Global Group consists of a group of companies that offer investment solutions for private and institutional clients, including financial services and products ranging from “full-stack” financing solutions, as well as trading services such as forex, contracts for difference, spot and bullion precious metals, global stocks, options, and futures.
Blackwell Global is present in more than 90 countries and has main offices in Cyprus, Hong Kong, New Zealand and the United Kingdom, where it is regulated by the relevant authorities.