Acurity board tells shareholders to sit tight as Connor Healthcare reviews takeover

Tue, 19 Aug 2014

By Suze Metherell Aug. 20 (BusinessDesk) - Acurity Healthcare Group's independent directors committee says Connor Healthcare is reviewing its takeover offer for the 29 percent of the company it doesn't own, including the price, and that shareholders should wait for the committee's report before trading shares. Connor, which is made up of principal Acurity shareholders the Stewart family, Royston Hospital Trust Board, and Evolution Healthcare, announced plans for a cash takeover bid on July 28, offering $6.50 per share and valuing the priv...
Markets
MARKET CLOSE: NZ shares rise as optimism over covid drug buoys Asia
Dan Brunskill | Mon, 13 Jul 2020

New Zealand shares joined a rally across Asia, as upbeat investor sentiment spilled over from Wall Street's close on Friday on optimism over a late-stage trial for a hopeful covid-19 treatment.  Th...

Law & Regulation
SFO probes Labour Party on donations
Victoria Young | Mon, 13 Jul 2020

The Serious Fraud Office has confirmed a fifth investigation into electoral funding, stating today it is looking into donations to the Labour Party.The agency said the probe relates to donations made...

Markets
NZ dollar little changed as global shares defy worsening covid news
Jenny Ruth | Mon, 13 Jul 2020

The New Zealand dollar was little changed as traders awaited further trend-setting information and as rising share markets were offset by Florida reporting a US record for new covid infections. The...

The role of private equity in the wake of COVID-19

As local covid-19 restrictions ease, a new business cycle is beginning in New Zealand.