The plan revived investors’ appetite for riskier assets and took the wind out of elevated oil prices.
The company has until April 2023 to select either a preferred purchaser, equity investor or operator.
Calls to lower 28% rate in post-Covid economic recovery after IRD flags it is high. National says OIO also a ‘major’ hurdle.
Independent committee recommends shareholders do not yet take action in response to the offer.
Ryman’s shares down more than 3.5% after net debt increases by more than $500m.
Company undertakes substantial cost out exercise as competition, soft local demand and input costs bite.
Shares drop more than 15% as first-half profit falls 37%.
Owner of NZX-listed wine company relishes being back in NZ, tells NBR there’s no money for Trump’s 2024 campaign.
Stock exchange operator concludes Chess replacement software would not have worked.
Energy company takes a swipe at pumped hydro mega-project at AGM.