Leaks hurt Ebos deal, but they didn't sink it

Leaks hurt Ebos deal, but they didn't sink it
No deal, as Ebos tried to soothe the market with an update on four months of trading. (Image: Ebos)
Rebecca Stevenson
New Zealand sources with knowledge of the failed Ebos buyout of an Australian vets and pets company say its extraordinary regulators turn a blind eye to the rampant leaks to the media. Listed company Ebos was forced into a trading halt after Australian media reported it would ink a deal to buy private equity-backed firm Greencross for more than $4 billion with support from AustralianSuper. However, after an extended trading halt, Ebos told markets the unnamed transaction wasn’t going ahead and smoothed the negative new...

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