The country’s largest Aussie-owned bank says businesses are cautious but the dairy sector is a bright spot.
Competition watchdog not currently satisfied the $1.86 billion acquisition would not substantially lessen competition.
The listed insurer has revised the range to between $60m and $70m in the year ended September 30.
Investment house thinks it’s unlikely the construction group will greenlight any residential divestment at this stage of the cycle.
The healthcare property investor unveiled the plan in November.
Air Napier and Ocean Flyer owners look for value in ‘recession proof’ sector to grow and expand.
Business shifts from geographical to sector-based streams under new structure.
NZ Rural Land Co in court proceedings with Southland dairy farm tenant.
The company’s shares are suspended from trading on the NZX after it failed to appoint new independent directors after two sudden resignations last week.
UPDATE: Share price drops on the news though one analyst says its a bit of an "over-reaction".