The investment bank brings in Pacific Equity Partners as passive shareholder, exits FirstCape.
Plus the fund's suggested model for Auckland light rail.
Pacific Equity Partners offloads honey investment.
Elsewhere, Japan/US could begin trade talks and Fed steps back from guiding market.
Foreign investors want guarantees about future timber supplies.
The Bank for International Settlements worries there 'little left in the medicine chest in case of a relapse.'
No talks with MediaWorks after NZME merger rejected.
Waikato co-op reports highest milk payout since 2014.
But Cavalier has to accept it valued the business higher than the market.
Transparency International’s latest corruption report shows New Zealand has made little progress fighting corruption since 2015.