Anne and David Norman were estimated to be worth a collective $400 million in 2010. Photo / Sarah Ivey
Anne and David Norman were estimated to be worth a collective $400 million in 2010. Photo / Sarah Ivey

The rich-list Norman family behind retailer Farmers and jewellery store Pascoes are strongly tipped to buy Whitcoulls.
There has been speculation about who will buy the book chain and industry insiders claim "word on the street" is the Normans are set to seal the deal.
Anne and David Norman were estimated to be worth a collective $400 million in 2010, according to the National Business Review Rich List.
Anne Norman declined to comment when the Business Herald called their Remuera home last night.
A publishing industry source, who did not want to be named, said the Normans' bid could be positive for the industry because the couple had a good record with their other businesses.
"But we're all waiting to see what their plans are, and if they plan to close any stores."
The Normans are media shy, giving what is believed to be their first interview to the Herald in September 2009.
They have a strong history in retail and revived the Farmers brand after buying it in 2003.

Full story at The New Zealand Herald.