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New Zealand's Black Pearl Group rises on deal to buy US-based AI firm

ReutersJul 14, 2025 12:23 AM

Shares of Black Pearl Group BPG.NZ rise nearly 8% to NZ$1.22, on track for best day since July 3 if current gains hold

Data technology firm says it will buy B2B Rocket, a U.S.-based private AI sales automation firm

Deal for $4 million in cash and 1.7 million BPG shares

Co confirms it is preparing to file an application for a foreign exempt listing on the ASX

More than 58,300 shares change hands, 1.2x the 30-day average of 48,166

Stock up 6.1% YTD, including current session moves

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