Complex sentence: Rank had assets of approximately NZ $3bn in cash after selling the assets of Burns Philp and floating Goodman Fielder in 2004 and bankers estimated that it could use that equity as leverage to raise as much as NZ $12bn for acquisitions.
Split into simpler sentences: Rank had assets of approximately NZ $3bn in cash after selling the assets of Burns Philp and floating Goodman Fielder in 2004. Bankers estimated that Rank could use that equity as leverage to raise as much as NZ $12bn for acquisitions.