At least some of Metlifecare's institutional shareholders are opposed to the board accepting the non-binding $6 per share offer from Sweden's EQT. The new offer is well below EQT's first bid of $6.50 per share and the $7 offer Metlifecare's board parlayed EQT up too before the...
Cracks are starting to appear in the Auckland commercial property market, with more than 148,000 square metres of planned city office developments parked for now. What's more, vacancy rates in the country's largest city were likely to ramp up as the recession takes hold, and a...
Three key executives employed by America's Cup Events Ltd have turned whistleblower and are assisting MBIE with the investigation into the use of public money to run the event.
The folding of Baldwins into AJ Park is a symptom of a much bigger problem for New Zealand's innovation economy - the decline of the local patent attorney.