Ruapehu Alpine Lifts sells Tūroa ski field, releases pricing

Ruapehu Alpine Lifts sells Tūroa ski field, releases pricing
Ruapehu Alpine Lifts is preparing to open for the 2024 ski season.
John Anthony
The receivers of Ruapehu Alpine Lifts say they have completed the sale of the Tūroa ski field and are now looking for buyers of Whakapapa.Ruapehu Alpine Lifts (RAL) receivers Brendon Gibson and Neale Jackson of Calibre Partners said the sale of Tūroa ski field to Pure Tūroa represented a significant milestone towards concluding a difficult process brought about by RAL's insolvency.RAL entered voluntary administration in October last year when it owed about $45 million.On April 6, Conservation Minister Tama Potaka announced Pure Tūroa h...

More Business

Wanted: Megabank chief willing to work for half pay
World

Wanted: Megabank chief willing to work for half pay

HSBC seeks a global CEO to work for a fraction of the pay of a US bank boss.

Cloudy Bay Clams sale deadline looms
Business

Cloudy Bay Clams sale deadline looms

Offers for the seafood group must be in by May 6, receiver says.

John Anthony 29 Apr 2024
Macron's very un-French business revolution
Economy

Macron's very un-French business revolution

Outsider CEOs and entrepreneurs are shaking up the Paris billionaires’ club.

Bloomberg 27 Apr 2024
Bupa posts tepid result as care sector flounders
Business

Bupa posts tepid result as care sector flounders

New Zealand's largest aged care provider is considering making its own yoghurt.

Gregor Thompson 25 Apr 2024