Looking for serious people? Try the NZX

Looking for serious people? Try the NZX
The rough and tumble of life as an NZX-listed company. (Image: Getty)
Paul McBeth
On most normal days, it would be impossible to look away from the trainwreck of a company on a collision course with oblivion, but Wednesday was no normal day.Memories of Pacific Edge’s looming doomsday briefing were all but erased when Infratil came swinging for the stars with its $1.8 billion buyout of 50-50 partner Brookfield in telco One New Zealand (the old Vodafone to those of a certain vintage).There were no smoke signals like last time when Infratil swooped in to buy Voda in a deal valuing the country’s biggest mobile player...

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NZ sharemarket ends week down 1.2%
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The S&P/NZX 50 Index closed at 12,113.54, gaining 58.82 points or 0.49%.

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The retail group reported half-year earnings at the upper end of guidance.

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Investor Jim Grenon challenges NZME board on dividend excesses
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‘Hope is not a strategy’: energy sector’s winter worries
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‘Hope is not a strategy’: energy sector’s winter worries

Despite a fair amount of positive news, there was scepticism and a few home truths.

Ian Llewellyn 21 Mar 2025