Estate planning and investment firm Perpetual Guardian Group has acquired Castle Point Funds Management for an undisclosed sum to expand its retail market presence. Signed Tuesday, the acquisition of.
2 Cheap Cars Group Limited Ordinary Shares
BlackRock has made its first private credit investment in New Zealand, financing development in Auckland’s Westgate as part of a $235 million package. The deal just inked will benefit Westgate Town
By Paul McBeth Nov. 20 (BusinessDesk) - Bethunes Investments shareholders will vote next month on a deal to use its NZX listing as a vehicle for freight and logistics firm Transport Investments Ltd to
The Federal Reserve has cut interest rates by half of a percentage point, kicking off what is expected to be a steady easing of monetary policy with a larger than usual reduction in borrowing costs th
There is no certainty that Channel Infrastructure’s agreement with a consortium to develop a biorefinery at Marsden Point will go ahead, but most analysts say the proposal shows the value of the com
New Zealand’s service sector went into contraction for the first time since February last year, according to BNZ-BusinessNZ’s Performance of Services Index (PSI). The PSI for April was 49.8, down
Two hearings in, and the question needs to be asked: what is the point of the finance and expenditure select committee inquiry into banking competition? The sessions with the ANZ a fortnight ago and t
The absence from the venture capital market of the country’s larger KiwiSaver funds is one of the factors holding back early-stage New Zealand companies’ growth, says the chief executive of NZ Gro
By Nick Timiraos The Federal Reserve approved a quarter-point interest-rate cut Thursday, the latest step to prevent large rate increases of the prior 2½ years from weakening the labour market as i
New Zealand Rugby is poised for its biggest structural change in 25 years of professionalism with the bulk of its income and expenses carved out into a subsidiary if the controversial Silver Lake deal
By Paul McBeth Oct. 27 (BusinessDesk) - New Plymouth-based freight and logistics group Transport Investments Ltd plans to join the NZX through a backdoor listing via Bethunes Investment in a deal valu
How to lose $16m in a week Eroad founder Steven Newman’s exit came out of the blue, stunning investors who sent the share price tumbling near a two-year low. For Newman himself, the decision to ab
Former Mainzeal boss Richard Yan's extensive heritage property is being sold following his bankruptcy in New Zealand. The Official Assignee's office has confirmed that Yan is co-operating and that the
Manawa Energy Limited Ordinary Shares Company Details Registered Office: 108 Durham Street, Tauranga 3110 Postal Address: 108 Durham Street, Tauranga 3110 Telephone: +64-27-582-6600 Facsimile: n/a Web
Raelene Castle, ONZM, was born into a sporting family. Father Bruce captained the New Zealand rugby league team and mother Marlene represented the country in lawn bowls at four Commonwealth Games, win
Marlin Global Limited 20/05/2022 $1.28 Warrants
Greenfern Industries Limited Ordinary Shares Company Details Registered Office: 127 Normanby Road, Normanby 4671 Postal Address: 127 Normanby Road, Normanby 4671 Telephone: +64-27-420-2476 Facsimile
By Jonathan Underhill Nov. 25 (BusinessDesk) - Bapcor's offer for Hellaby Holdings is "compelling" and in trying to fend off the approach, the diversified investor has overstated its prospects and it
Buyers from New Zealand charged tens of thousands of dollars in Queensland property taxes may have a claim to repayment as lawyers explore a class action against the Australian state's government. Lit
By Paul McBeth July 22 (BusinessDesk) - Plexure Group expects to lift revenue by an undisclosed amount after signing US burger chain White Castle as a new customer. The US fast-food operator will us
Chris Castle, who has been involved with NZX companies for nearly 45 years, is participating in another complex backdoor listing. This time he is asking Aorere Resources shareholders to approve the re
Forsyth Barr and Jarden analysts have raised their target prices for exchange operator NZX following a 10% guidance lift. NZX Ltd said Monday it expects full-year 2024 operating earnings before inte
The Early Childhood Education (ECE) sector is in crisis, but not every operator is affected similarly. In the second of a two-part investigation, BusinessDesk looks at potential solutions. Read par
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