The A2 Milk Co’s profit warning triggered its worst week since May 2021.
The capital raise will see an Australian comapny take a 51% stake in the company.
NZX-listed company says the investigation ‘does not involve Rakon itself’.
The fast food company’s performance has been affected by minimum wage increases in the market.
CEO Malcolm Johns said the company’s portfolio flexibility enabled the delivery of a solid result.
But Steel & Tube has hit back by pointing the finger at Fletcher Building.
The company is acquiring roofing products business Roofing Industries for $88m.
The editorial board will advise and challenge the company on editorial policy and direction.
Location and supply are appealing factors for the NZX-listed company.
It will likely be another year of chopping and changing for the world’s biggest campervan operator with a ‘strategic review’ heralding a divestment from its UK and Ireland business.