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Infrastructure

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Podcast #31: Cyclone business recovery in Hawke’s Bay
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‘No decision but to repay’: Ryman slammed over USPP debt

UPDATE: Almost 18% of shareholders vote against re-election of interim chair Claire Higgins.

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Aussie insurer takes 5.82% stake in Tower

Pacific International Insurance is fully owned by South African insurer Badger International.

NBR Staff Wed, 26 Jul 2023
Investment

Bremworth’s Napier yarn plant workers may not be going back

Cyclone Gabrielle wrecked key factory, leaving 130 workers now facing voluntary redundancies or redeployment to Whanganui.

Dita De Boni Tue, 25 Jul 2023
Investment

Swiss blockchain tech expert confirms $11m stake in TradeWindow

The deal brings the Kiwi concern closer to the coveted UK market; will not disrupt its cost-out programme.

Dita De Boni Tue, 25 Jul 2023
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Eroad bidder has ‘no intention’ to increase offer

Canadian suitor and 18.7% shareholder rejects media speculation higher bid coming although has reserved the right to do so.

Hamish McNicol Tue, 25 Jul 2023
Investment

Cyclone Gabrielle prompts mini restructure at Napier Port

Six staff at the NZX-listed port company are set to lose their jobs.

Nicholas Pointon Tue, 25 Jul 2023
Investment
1

Vulcan CEO resigns as Metroglass director

Decision removes any perception of a conflict of interest in Vulcan founder’s bid for Metro, company says.

Hamish McNicol Mon, 24 Jul 2023
Investment

Former CEO Newman to consult Eroad, report says higher bid close

The company’s board said a $1.30 a share offer ‘materially undervalues’ the business earlier this month.

Hamish McNicol Mon, 24 Jul 2023
Investment

Michael Hill full-year forecast loses some sparkle

Full-year group sales are expected to be up year-on-year, but a lower comparable ebit anticipated.

Kate McVicar Thu, 20 Jul 2023
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