Long-term shareholders are ‘wanting to get on the horse again’, Neil Craig says.
Sales from the ‘challenging’ New Zealand market fall behind Australia and Canada.
Milk processor announces half-year profit guidance and a payout boost for loyal farmers.
After failing to sell its NZ assets, OMV agrees new contract for Pohokura gas out to 2032.
US respiratory data and currency movements are providing tailwinds.
A preliminary injunction would allow reimbursement to continue in the US.
Identity of potential buyers for phosphate mining and exploration permits is unclear.
Singaporean CDL offers $2.25 for 24% of hotel company it doesn’t already own – well below MCK’s net tangible asset value of $3.36 per share.
The takeover battle has seen the company’s value double since November.
The company admits the Novitas decision is a ‘significant blow’ but says it’s not a knockout.