By Rebecca Howard Aug. 2 (BusinessDesk) - Vodafone New Zealand says its new ownership means it can execute a New Zealand-centric strategy while retaining a close relationship with the global Vodafone
Digital customs and verification software provider TradeWindow is looking for $2.2 million in its latest attempt to raise fresh capital. The raise seeks up to a $2m placement of newly issued shares t
A former Treasury staffer whose actions cost investors at least $80 million has been sentenced to eight-and-a-half years’ imprisonment for fraud. Penrich Capital founder Kelly Tonkin, 52, was senten
Fast-growing digital customs software firm Trade Window was tight-lipped about the capital-raising activity required before the company runs out of cash in March. In its half-yearly accounts, publis
Medicinal cannabis provider Cannasouth says it needs to raise capital due to its “constrained cash position”. The Waikato-based firm has struggled to make money as it waits for its medicinal canna
The Reserve Bank of New Zealand is disputing the Commerce Commission’s analysis of its prudential capital settings for banks and its recommendation to review them. Deputy governor of the Reserve Ban
Purpose Capital is investing heavily in solar power but that isn’t stopping its founder and executive director Bill Murphy from calling for stronger action on addressing climate change. He told Bus
PaySauce has completed the final instalment of its $5.8 million capital raising. The payroll software company today issued the remaining 1.65 million shares - two weeks earlier than expected - to brin
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
Alliance Group, the country’s only fully farmer-owned meat co-operative, is going to its farmer-shareholders for more capital. The move comes after the co-op reported a $70 million loss in its most
Nothing is off the table. That’s how Alliance Group chief executive Willie Wiese puts it as the co-operative looks at every possible option for its future capital structure. These span everything f
By Gavin Evans Jan. 14 (BusinessDesk) - Chatham Rock Phosphate says it will need to seek additional working capital to maintain “operating momentum” while it advances its proposed merger with Capi
If you’re walking down the bottom of Auckland’s Queen St on a Friday night, don’t be surprised to see a few more office lights shining out from Commercial Bay’s PwC Tower. While deal-making
Mercury NZ is offering up to $300 million of unsecured, subordinated capital bonds to institutional investors and New Zealand retail investors. The offer opens today June 27, with the Capital Bonds ex
It was partway through a panel at the China Business Summit last week when Fonterra chief executive Miles Hurrell got real about one of its stars: the cushion lady. “The trade minister talked about
New Zealand “cleantech” companies have plans for $400 million worth of capital raises in the year to March 2025, according to a new survey. The actual figure for the sector could be considerably h
Fletcher Building’s largest shareholder says the embattled construction conglomerate should avoid a capital raise at all costs. The dual-listed building firm told markets on Monday it now expected
New Zealand shares joined a global rally, with Infratil one of the frontrunners after the infrastructure investment firm resumed trading fresh off a successful $1 billion to institutional investors.
By Jenny Ruth March 14 (BusinessDesk) - Final decisions on the Reserve Bank’s proposed capital requirements for banks won’t be made until the September quarter but they are already having an impa
Government agency Callaghan Innovation seeks private sector investment to fund new biotechnology facilities it wants to build at its Gracefield Innovation Quarter in Lower Hutt. It comes after the gov
Mobile advertising technology company Goodwood Capital Limited was incepted in 2010. It offers a full suite of mobile creative, content and technology services, empowering the world's leading brands a
General Capital Limited is a financial services group with two wholly owned subsidiaries; General Finance, a Non Bank Deposit Taker that accepts deposits from the public and it lend funds to borrowers
Ascension Capital Ltd, formerly TRS Investments Ltd, is a New Zealand-based investment holding company. The company operates in the asset management industry, focusing on obtaining a transaction to ac
By Paul McBeth Nov. 6 (BusinessDesk) - Spark New Zealand's board will have to make a number of "big decisions" in a rapidly changing environment as the country's biggest telecommunications firm overha
Starting a business is an exciting journey. However, one of the critical challenges every startup owner faces is obtaining the necessary capital to fuel growth. Initially, founders typically rely on
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