Merger challenge for SkyCity’s Moller; ‘Trust us’, Abano bidders say, the good,bad and ugly of new financial rules
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Rich List
In NBR Print today: The mystery of Nigel Morrison’s departure from SkyCity is solved, if the scuttlebutt is to be believed. As Tim Hunter reports, it is said to be all about a potential merger with Australian counterpart The Star Entertainment Group.
It looks as though Abano Healthcare shareholders will just have to trust that Healthcare Partners does have the money to fund its partial takeover offer. Healthcare needs a further $66.5 million if it succeeds in taking Abano shareholding to just over 50% and it has already borrowed to fund its $44 million buyout of Bay International. Jenny Ruth has the story.
FMA boss Rob Everett says don’t get too frazzled about the potential downside of tougher regulation governing financial markets. Duncan Bridgeman talks to Mr Everett about the new regime.
Calida Smylie looks into the new pay equity principles making their way into law, which even Simpson Grierson’s Shan Wilson, who describes the initiative as “fantastic,” believes “actually assessing it and turning it into money will be hard.”
Meanwhile, some earthquake-hit Wellington office tenants face big compromises, reports Sally Lindsay. If fact, they must choose between having their staff in a greater number of smaller spaces in the city or a fewer number of bigger floorplates just outside the city.
The effects of the Kaikoura earthquake have seriously disrupted supply chains in Wellington and the upper South Island, as Nevil Gibson reports. Christchurch will have to stand more on its own and won’t be able to rely on getting goods directly out of Auckland.
And don’t forget to check out NBR special report into logistics, freight, shipping and storage.
All this and more in today’s NBR print edition. Out now.
Staff reporter
Thu, 01 Dec 2016
Thu, 01 Dec 2016
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Merger challenge for SkyCity’s Moller; ‘Trust us’, Abano bidders say, the good,bad and ugly of new financial rules
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