The company’s equity raise to recapitalise its balance sheet was oversubscribed, raising $23.9m.
After consulting with shareholders, company says offer at 62% premium had no chance of success.
Convention centre bookings can now move to formal contracting, says casino operator.
The former NZ Oil & Gas delisted from the NZX but is still interested in the local market.
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.