Jarden clips Aussie costs, sets up new NZ entities

Jarden clips Aussie costs, sets up new NZ entities
Dealmakers have been finding it tougher in recent times. (Image: Getty)
Paul McBeth
Jarden has been trimming its expense lines in Australia after another year of red ink, while also establishing new entities in New Zealand as the investment house enters a new phase with clearer lines between the investment banking and wealth divisions.The investment house lodged its Australian financial statements on June 30, reporting a loss of A$13.3 million (NZ$14.3m) in the 15 months ended March 31 on revenue of A$93.2m. Jarden Australia changed its balance date to match the NZ parent, having previously reported a loss of A$5.1m on revenue...

More Markets

F&P Healthcare drop leads NZX lower, rural stocks show strength
Markets Market Close

F&P Healthcare drop leads NZX lower, rural stocks show strength

Rural services group PGG Wrightson rose 14c or 6.9% to $2.17. 

Jamie Gray 11 Jul 2025
Tait won’t up its offer for Vital ‘under any circumstances’
Markets

Tait won’t up its offer for Vital ‘under any circumstances’

Suitor says offer is ‘at the maximum’ of its assessment of target’s value.

Rebecca Howard 11 Jul 2025
Lights, camera, cashflow: Forsyth Barr upgrades Vista
Markets

Lights, camera, cashflow: Forsyth Barr upgrades Vista

Analysts also lifted their 12-month target price by 5% to $4.30.

Rebecca Howard 11 Jul 2025
Vital holder slams takeover valuation report
Markets

Vital holder slams takeover valuation report

Matt Goodson says the Grant Samuel report was ‘particularly uninformative’. 

Gregor Thompson 11 Jul 2025