Tower tumbled as stormy weather knocked its first half.
The company is seeking stability after its first loss in two decades last year.
Local experts weigh in on the Trump administration’s criminal investigation into Fed chair Jerome Powell.
But it notes Simplicity’s proposed KiwiSaver-backed listed infrastructure fund is less interested in being involved in PPPs.
Investor is set to receive just over $25 million if Bourns’ proposed takeover offer is successful.
Proposed takeover at $1.55 a share already has support from 41% of Rakon's shareholder register.
Industrial conglomerate SGH Limited and US-based Steel Dynamics were offering A$30 a share for ASX-listed BlueScope.
The residential market faltered last year, while the listed sector retraced prior year losses, with more expected into 2026, analysts say.
After a decade as CEO, Gradon reveals the secret sauce behind the company’s extraordinary success.
It's the fourth offer for New Zealand Steel's owner led by Steel Dynamics, but the first involving the Kerry Stokes-controlled SGH Limited conglomerate.