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SkyCity's $330m Fletcher claim a long shot, say analysts

Having already received the maximum liquidated damages, SkyCity faces a high bar to prove it deserves more.

NBR Staff Mon, 09 Jun 2025
Investment
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DGL warns 2025 profit will be down 55-65%

Company ‘determined to achieve our objectives’, founder and CEO Simon Henry says.

Hamish McNicol Fri, 06 Jun 2025
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SkyCity to sue Fletcher for $330m over NZICC delay

Fletcher discloses further provisions and delays on the project and says it will vigorously defend the legal action.

NBR Staff Fri, 06 Jun 2025
Investment
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Aussie PE firm seeks ComCom clearance to acquire Metroglass

But Metroglass says it is not in the company’s or shareholders’ interest to engage with Crescent Capital Partners, which owns a rival glassmaker.

Nicholas Pointon Thu, 05 Jun 2025
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Rangatira offloads packaging firm to Blue Star Group

Wellington-based investment firm sells 100% stake in Auckland Packaging Company.

Jonathan Mitchell Wed, 04 Jun 2025
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Virgin set for ASX takeoff

The IPO is the third attempt at a float, and valuations and the scale of the offer are conservative.

Lachlan Colquhoun Wed, 04 Jun 2025
Investment
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Takeovers Panel NZME process a ‘disservice’ to NZ, Grenon says

NZME director Jim Grenon criticises Panel’s enquiry into his purchase of shares in listed media company.

Hamish McNicol Wed, 04 Jun 2025
Investment
13

NZME editorial board nothing to fear, new chair Joyce says

New director Jim Grenon says there could be more clear ‘scorekeeping’ of journalists.

Hamish McNicol Tue, 03 Jun 2025
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Pacific Edge raises $16m from shareholders

Cancer diagnostics company now targets additional $5m from retail investors in July or August.

NBR Staff Tue, 03 Jun 2025
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