Subscribe today - find out more
Why you should consider BusinessDesk

Ngāi Tahu Holdings takes stake in Rockit

Rebecca Howard
Fri, 05 Mar 2021

Rebecca Howard
Fri, 05 Mar 2021
Miniature apple marketer Rockit Global announced a successful capital raise, with Ngāi Tahu Holdings taking a 6% stake in the company.“Ngāi Tahu Holdings expressed an interest in Rockit early on in the process, recognising there was alignment with its strategic goals,” said Rockit chairman John Loughlin.Foundation investor Punchbowl Investments, along with its PB Rock group of investors, lifted the combined Punchbowl and PB Rock stake to 15% and Pioneer Capital remains the largest stakeholder, with about 40%.“This opportunity...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Red light for Auckland, orange for South Island
Brent Melville | Mon, 29 Nov 2021

The government will move New Zealand to its traffic light framework from Friday with most of the country in either the red or orange levels.

Taming the beast that's inflation
Cameron Bagrie | Mon, 29 Nov 2021

The RBNZ’s job is not going to be easy over the coming years. There are myriad forces at play and reading the tea leaves will be tough.  

The cost of slow border openings to tourism: $39b by 2024
Brent Melville | Mon, 29 Nov 2021

The impact on New Zealand's tourism sector will continue to be felt until the country removes its border quarantine system, tourism operators say.

Mansons leads with 120% carbon offset for new builds

Mansons TCLM is committing to a benchmark of 120% carbon offset for new buildings.

SIXT drives the company car upmarket

SIXT is enhancing its adaptable car subscription service with SIXT Business, catering for businesses wanting premium vehicle fleets.