Business
On the Money
On the Money: Du Val, Kathmandu, Fonterra, and more
A Du Val comedy, dairy politics, and a copied signature.
Infrastructure
Aratere sold for scrap, price deemed commercially sensitive
The Aratere ferry has been sold to a specialist recycling shipyard in India for an undisclosed amount.“Details of the sale price are commercially sensitive,” Duncan Roy, executive general manager of Interislander, said. The ferry was retired last August to make way for the port...
Infrastructure
Govt looks to put its Chorus investment on the block
The finance minister said there's no policy reason for Govt to hold Chorus securities.
Markets
Latest cap raise values Sharesies at $750m
In its eighth raise since 2017, Sharesies values its shares at $205 apiece.
