Comvita hosed down shareholder speculation. Kind of.
The deal will require clearance from competition regulators on both sides of the Tasman.
The Australian government has shifted towards a user-pays model for the aged care system that should benefit Ryman, which dual-listed on the ASX yesterday.
The company says ‘additional audit procedures’ have resulted in a delay.
The NZX-listed hospitality company is working toward paying a dividend and repairing its share price.
ACC, which holds about 4.7% of the company, has entered a lock-up deed on the $5.05 a share offer.
Company to take full ownership of Meateor Australia, Fayman International, and an 85% stake in ANZ Exports.
Proceeds will be used to pay down debt as milk processor announces loss from ‘manufacturing challenges’.
However, the market has been warned against pre-Christmas trading assumptions.
The listed used-car dealer tells shareholders FY26 trading so far has been weaker than the previous year.