Shareholders have rejected Florenz’s takeover offer, and Bougen is still talking of putting a recapitalisation plan before the board.
Co-founder and major shareholder is buying out 30% holding of fellow co-founder who quit last year.
Transaction builds iwi-owned Moana to largest inshore fishing company in New Zealand.
NBR Lister takes some profits for estate planning and to start a family charitable foundation trust.
Problem affecting ‘geared turbo-fan’ not a safety issue, says manufacturer.
Two largest shareholders elect not to participate.
Shareholders need to approve buyout of disgruntled major shareholder at annual meeting later this month.
Volaris made an unsuccessful bid at $1.30. New shares under capital raise will be issued at 70 cents.
Telematics company will use funds to repay debt and provide headroom for North America strategy.
This week’s application to suspend the casino operator’s licence is the second time the regulator has taken such action.