Reduced service quality for goods and services in pharmacies across sector and higher prices for consumers just some of the worries for ACCC about proposed merger.
The country’s biggest building materials group has become the third major company to issue a profit downgrade in a week.
Just Life Group is expected to delist from the NZX after 20 years.
Downgrade knocks an effective $75 million from expected group ebit, including restructuring costs.
The Rakon board has updated shareholders on a potential takeover bid received just prior to Christmas.
ANALYSIS: Results from the Big Four banks last week were solid enough, but the market might have to wait some time for new profit records to be set.
Perfect storm of high fuel prices, low airline capacity, and significant investment in ground and air assets will serve to keep airfares in the clouds.
The retail group also confirmed online platform TheMarket’s fate.
Visitor numbers are up, along with revenues for the group and its tenants.
While there was still demand for licences, the overall result continues a declining trend.