PremiumMatt NippertBusiness Investigations Reporter·NZ Herald·30 Jul, 2026 04:54 AM3 mins to read‌Crimson Education founder Jamie Beaton with chairman Sir John Key, pictured at Crimson's Auckland office in 2021. Photo / SuppliedJamie Beaton’s Crimson Consulting has launched a hostile raid across the Tasman with a $48m bid to take over international tutoring provider Kip McGrath.Notices filed to the ASX said Crimson was offering to acquire shares for A$0.73, a claimed 62.2% premium on the most-recent trading price.

If ultimately successful,