Could this be the mystery Stuff bidder?

Pattrick Smellie
Fri, 22 May 2020

Hiding in plain sight on the website of little-known, Auckland-registered private equity firm Delta Private Equity is this intriguing teaser. At the bottom of a page listing the companies the firm has investments in is a reference to Delta Media, which is said to be "coming soon," super-imposed over video imagery of the printed pages of a newspaper running through a printing press. On the site, there is no other hint as to what Delta Media is or does but the Companies Office shows it was registered on April 3, making it like most of the c...

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Finance

Regulator sues ANZ over credit card insurance

Dan Brunskill | Fri, 05 Jun 2020

The Financial Markets Authority has filed High Court proceedings against ANZ Bank New Zealand, alleging it charged some customers for credit card repayment insurance policies that offered those custom...

Markets

MARKET OPEN: Profit taking may be the flavour of the day, US jobs data in focus

Rebecca Howard | Fri, 05 Jun 2020

Weaker offshore markets may spill over into New Zealand as investors look to lock in profits after several positive days. Wall Street is set to end its four-day rally ahead of the May non-farm payr...

Infrastructure

Loss expected from NZ Steel on covid shutdown

Gavin Evans | Fri, 05 Jun 2020

BlueScope Steel’s New Zealand business could post its first half-yearly loss in four years on the back of the country’s strict covid-19 shutdown, Jarden analysts say. The New Zealand Steel and Paci...