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Businesswire - Latest News [Page 9]
MYOB snaffles BankLink in $136 mln private equity deal
Tuesday, 14 May 2013, 12:59 pm | Businesswire
May 14 (BusinessDesk) - Australian accounting software market leader MYOB is paying $136 million to buy BankLink, a New Zealand accounting platform it has used for years to supply secure bank feeds of a higher quality than it claims competitor software ... More >>
Air NZ reviews Japan flights as weaker yen lifts travel cost
Tuesday, 14 May 2013, 12:50 pm | Businesswire
May 14 (BusinessDesk) - Air New Zealand, the national carrier, is reviewing its flights from Japan after a decline in the yen made flights here more expensive, crimping demand. More >>
MIDDAY UPDATE: Bright Dairy to cede control of Synlait Milk
Tuesday, 14 May 2013, 12:19 pm | Businesswire
MIDDAY UPDATE: China’s Bright Dairy to cede control of Synlait Milk in planned IPO More >>
Bright Dairy’s Synlait Milk considers IPO as NZX heats up
Tuesday, 14 May 2013, 8:20 am | Businesswire
May 14 (BusinessDesk) – Synlait Milk, the dairy company controlled by China’s Bright Dairy & Food, is considering an initial public offering in New Zealand three years after abandoning such a capital raising because of lack of investor demand. More >>
Next partial privatisation in October, says Key
Monday, 13 May 2013, 5:40 pm | Businesswire
May 13 (BusinessDesk) - Prime Minister John Key has all but confirmed that Meridian Energy will be the next state-owned enterprise to be partially privatised, with a float of up to 49 percent of the government's single most valuable electricity asset ... More >>
NZ Super Fund excludes Barrick Gold on ethical grounds
Monday, 13 May 2013, 3:06 pm | Businesswire
May 13 (BusinessDesk) – The New Zealand Superannuation Fund has excluded Barrick Gold, the world’s biggest gold miner, and an African subsidiary from its $22 billion investment fund, citing its human rights and environmental record. More >>
Deadlock breaks on plans for Mackenzie Country dairying
Monday, 13 May 2013, 12:46 pm | Businesswire
May 13 (BusinessDesk) - Key environmental groups have signed up to a proposal which would allow both ecological restoration and intensive dairying to occur in the Mackenzie Country. More >>
MIDDAY UPDATE: SkyCity gets longer licence with more pokies
Monday, 13 May 2013, 12:20 pm | Businesswire
May 13 (BusinessDesk) – SkyCity Entertainment Group has been granted a 27-year extension to its Auckland casino licence and can add 230 slot machines in exchange for footing the bill on a $402 million convention centre. More >>
SkyCity shares rise to 5½-year high as centre deal inked
Monday, 13 May 2013, 12:10 pm | Businesswire
May 13 (BusinessDesk) – SkyCity Entertainment Group shares rose to the highest level in 5 ½ years after the Auckland-based casino and hotel company inked a deal to build a $402 million convention centre in exchange for increased gambling concessions. More >>
NZ food prices rise 0.2% in April as tomato prices soar 67%
Monday, 13 May 2013, 12:03 pm | Businesswire
May 13 (BusinessDesk) - New Zealand food prices rose for the first time in three months, led by fruit and vegetables as tomato prices soared 67 percent. More >>
Jade's spy software spin-off, Wynyard Group, signals listing
Monday, 13 May 2013, 10:56 am | Businesswire
May 13 (BusinessDesk) - Jade Corp spin-off Wynyard Group has all but announced it will list on the NZX within the next two months, subject to the fast-growing intelligence software group's shares being accepted by the local bourse. More >>
SkyCity gets 27-year licence extension to build $402M centre
Monday, 13 May 2013, 8:44 am | Businesswire
May 13 (BusinessDesk) – SkyCity Entertainment Group has gained a 27-year extension to its Auckland casino licence and can add 230 slot machines and 40 gaming tables in exchange for meeting the $402 million construction, fit-out and land costs of ... More >>
MARKET CLOSE NZ shares rise; MRP up 4.8% on debut; TWR gains
Friday, 10 May 2013, 6:09 pm | Businesswire
May 10 (BusinessDesk) – New Zealand shares extended this year’s 14 percent gain on the NZX 50 Index, with Tower leading the advance after completing an asset selldown. Fletcher Building, the biggest company on the index, paced gainers and MightyRiverPower ... More >>
Auckland City, govt agree to 3-yr plan to fast-track housing
Friday, 10 May 2013, 3:11 pm | Businesswire
May 10 (BusinessDesk) – Auckland City and the government have agreed a three-year plan to fast-track housing in New Zealand’s most-populous city, with a target of 39,000 new homes by 2016. More >>
English says MRP stock debuted in expected range
Friday, 10 May 2013, 1:03 pm | Businesswire
English says MRP stock debuted in expected range, will name next SOE for sale in budget More >>
MIDDAY UPDATE: MRP shares climb 9.2% on listing debut
Friday, 10 May 2013, 12:40 pm | Businesswire
May 9 (BusinessDesk) – Shares in MightyRiverPower listed 9.2 percent above their offer price at $2.73 apiece on the NZX, valuing the government-controlled electricity generator and retailer at $.3.82 billion. More >>
NZ guest nights surge 6.7% in March, biggest gain in 4 years
Friday, 10 May 2013, 11:37 am | Businesswire
May 10 (BusinessDesk) – New Zealand guest nights spent in short-term commercial accommodation recorded the biggest gain in almost four years in March as both kiwis and tourists basked in the nation’s long hot summer. More >>
NZ retail spending on credit, debit cards climbs 1% in April
Friday, 10 May 2013, 11:27 am | Businesswire
NZ retail spending on credit, debit cards climbs 1% in April, biggest monthly gain since November More >>
UPDATED: Fidelity pays $145M for Tower's life assets
Friday, 10 May 2013, 10:46 am | Businesswire
(Updates to clarify value of transaction, adding liabilities transferred to the $70 million cash component, adds Tower share price gain) More >>
Fidelity acquires most of Tower’s life business for net $70M
Friday, 10 May 2013, 9:07 am | Businesswire
May 10 (BusinessDesk) - Fidelity Life Assurance has acquired most of Tower’s life insurance business for a net amount of about $70 million, propelling the closely held company to the third-largest in the market. More >>
