Acurity takeover bid extended as ComCom decision pushed out

Mon, 24 Nov 2014

By Paul McBeth Nov. 25 (BusinessDesk) - Connor Healthcare's takeover bid for private hospital operator Acurity Health Group has been pushed out to Dec. 12 after the Commerce Commission delayed its expected decision on whether to approve the deal. The competition regulator is assessing whether the takeover by Acurity's three biggest shareholders will substantially lessen competition in the private hospital market in Wellington and the surrounding regions, given Connor investor Evolution Healthcare's ownership of Boulcott Hospital in Lower...
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.