The food retailer’s CEO says he’s happy to set a dividend policy, ‘but not today’.
This follows ACC, Pushpay's largest independent shareholder, saying yesterday it would vote against $1.34 a share takeover offer.
Half-year result ‘a great achievement’ in challenging market, says CEO.
Solid HY result sets the scene for opportunities and expansion over the Tasman.
Analysts says near-term recovery from weak consumer demand appears increasingly unlikely.
ACC says the $1.34 bid undervalues the company.
Fibre operator saw $33 million decrease in profit in six months to end of December.
The infant formula maker reported net profit of $68.5 million, up from $56.1m in the same period a year earlier, with growth in China.
Eligible institutional investors took up 95% of their entitlements to raise $542 million.
The experienced director is chair of Meridian Energy and Summerset Group.