The United Kingdom has imposed sanctions on a Russian oligarch whose business associate has substantial assets in New Zealand. On Friday (NZT), the UK government announced it was freezing the assets o
Craigs Investment Partners has signed up as a major tournament sponsor of the New Zealand Open in a 'two-plus one-year' deal ahead of next year's event, the 103rd in the competition's history. The NZ.
New Zealanders are rightly following the US elections this week very closely. Most of us don’t get to vote, but the outcome will probably impact all of us in some way. Exporters will feel the eff
Taupō dairy processor Miraka is teaming up with state-owned Pāmu and Māori-owned dairy processor Waiū Dairy as part of its focus on speciality dairy products. The primary benefit of the strategic
By Gavin Evans Sept. 25 (BusinessDesk) - New Zealand Oil & Gas and its partners have started drilling the Kohatukai-1 exploration well south-east of New Plymouth. Drilling started yesterday with the o
Life insurer Partners Life has been sold to Japan’s Dai-ichi Life Insurance Co at a value of $1 billion, in the third successful exit for founder Naomi Ballantyne. The Japanese company will buy the
JP Morgan Asset Management and Craigs Investment Partners announced a strategic partnership with a multi-year memorandum of understanding. The partnership aims to leverage the strengths of both organi
A copyright dispute is causing huge strain in relations between New Zealand and European broadcast partners for the America's Cup. NZ broadcast software developer Animation Research Ltd effectively pu
An investor in Partners Life has described its $980 million sale to Tokyo-listed Dai-ichi Life as “disappointing” because it came in at 11% less than its valuation. Maui Capital’s Aqua fund ho
Restructuring firm KordaMentha NZ has rebranded as Calibre Partners, although it will keep ties with its Australian namesake. The firm has managed a number of high profile receiverships, including M
One of Australia’s oldest and largest private equity firms has struck about one-third of its deals in New Zealand, including its first. Pacific Equity Partners (PEP) managing director Cameron Blan
Financial services company Deloitte NZ has appointed five new partners and 11 directors across its business. In Auckland David Jobling and Liz Nelson have been appointed as partners in the tax and pri
The largest bus operator in New Zealand and Australia is expected to hire investment bank advisers this month to conduct a strategic review of its business and seek outside capital partners. As report
Facebook New Zealand reported an improved profit for 2022, paying nearly $150 million offshore to the Irish subsidiary of parent company Meta. The NZ business, which sells advertising for social media
Two executives from Blis Technologies’ long-time European partner, Bluestone Pharma, are named on a patent application as inventors of two fermentation processes Blis claims as its own technology. T
Three Auckland lawyers, including a prominent voice against the invasion of Ukraine, have been made partners at Simpson Grierson. Anastasiya Gutorova, a member of Mahi for Ukraine, has advised on so
Simpson Grierson has promoted three new senior lawyers to its partnership team. From Jan 1 2022, Bronwyn Heenan and Mike Wakefield will join the partnership based out of the firm's Wellington office,.
Farmers will be able to trade their shares among themselves on the Sharesies platform from the middle of this year. The current trading platform technology for Fonterra shares has been in place since.
The sale of Partners’ Life to Japanese conglomerate Dai-ichi Life for $1 billion will be a considerable payday for those who have backed the firm over the past 12 years. Not least of these are found
Venture capital fund Maker Partners has raised $15 million in an oversubscribed capital raise as the investment company looks to pad out its portfolio with homegrown investment in a bid to achieve its
Big four accounting firm KPMG has appointed 10 new partners across its climate change, audit, tax and Māori teams. KPMG New Zealand chief executive Godfrey Boyce said the new partners each bring uniq
Two new partners have been appointed at one of New Zealand’s leading law firms, MinterEllisonRuddWatts. The two partners, Jennifer Hambleton and Isaac Stewart, will join the firm’s corporate team
A judgment is expected to be delivered on Thursday. The S&P/NZX 50 index declined 122.94 points or 1.03% to 11,759.15....
The Government will reinstate open work rights for partners of Accredited Employer Work Visa (AEWV) holders, Immigration Minister Erica Stanford has announced. The previous government brought strict
Craigs Investment Partners is on track to become New Zealand’s largest share broker, as the firm benefits from Jarden’s increased focus on Australia. Data compiled by BusinessDesk shows Craigs h
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