The total raised ‘exceeded the company’s expectations’ but fell short of original targets.
The determination revealed that Grenon decided to buy shares in NZME after speaking with Caniwi Capital's Troy Bowker in August 2024.
Regulator says after initial concerns it was satisfied the transaction would not lessen competition.
NZME’s board has released the director nominations ahead of next month’s annual meeting, including its ‘alternative board composition proposal’.
Visitor numbers are holding up but customers are keeping a tighter grip on their wallets.
Improved business class seating seeks to bring national carrier back into competition for big spenders’ bookings.
Banking group net profit up 1% to $565m in the six months ended March, business lending up 1%.
The dual-listed payment terminal provider in March disclosed it had received two indicative proposals.
Freight multinational says non China-US trade ‘largely unaffected’ by tariff announcements so far.
Crimson founder Jamie Beaton says Evan Christian and Katherine Allsopp-Smith will be offered ‘skin in the game’.