'Amateurs': NZME shareholder turns on board coup plotter Jim Grenon

'Amateurs': NZME shareholder turns on board coup plotter Jim Grenon
The battle for NZME's board rolls on. (Image: NZME)
Rebecca Stevenson
A vocal NZME shareholder has withdrawn his support for any director nominees put forward by businessman Jim Grenon. Shareholder Roger Colman said on Tuesday voting for “the Grenon team” was dangerous for NZME’s future, citing lack of media and listed company experience. Private equity founder Grenon has been waging a campaign to roll the media firm’s board and join it as chairman, along with three other proposed directors. On March 31, the NZME board pushed back its scheduled annual general meeting to June...

More Markets

NZ stocks end flat as US Fed decision looms
Markets Market Close

NZ stocks end flat as US Fed decision looms

Market finishes slightly down as telco company Spark loses more ground.

Jamie Gray 12 Sep 2025
Locate Technologies plans to quit ASX for NZX
Markets

Locate Technologies plans to quit ASX for NZX

Bitcoin-favouring Locate Technologies eyes move to NZX's main board.

Staff reporters 12 Sep 2025
Vital takeover bid passes threshold at 11th hour
Markets

Vital takeover bid passes threshold at 11th hour

Tait International has secured acceptances to meet the 90% minimum condition for its Vital takeover less than a day before the offer was set to expire.Vital filed a substantial product holder (SPH) notice to the NZX on Friday morning, which showed Tait's stake lifted to 92.1%...

Gregor Thompson 12 Sep 2025
Tower again hikes FY underlying profit outlook
Markets

Tower again hikes FY underlying profit outlook

Insurer sees FY underling profit up as large events weigh less than expected     

Staff reporters 12 Sep 2025