Alliance Group has hit the pause button on its farmer-shareholder capital raise. “The board's preference is for Alliance to remain a 100% farmer-owned co-operative. However, raising the desired ca
Get ready for an onslaught of how to harness the burgeoning KiwiSaver funds to fix New Zealand’s deficits – be they in savings and investment, in infrastructure, or simply in character. That’s
This article was originally published on September 4, 2024. Don’t say private equity; say private capital. New Zealand’s largest private company investor, Direct Capital, inked three high-prof
By Jenny Ruth Nov. 21 (BusinessDesk) - The 11-member Tax Working Group is unlikely to be able to meet its key task of designing a capital gains tax because the group can’t agree on it, says former
KiwiSaver provider Generate is investing US$25 million (NZ$40.8m) into an international fund targeting profitable, high-growth US, Canada, Australia, New Zealand and Singapore businesses. The HEAL Par
Fund manager Mercer says New Zealand KiwiSaver managers shouldn’t shy away from more investment in private assets despite the International Monetary Fund’s unease over illiquidity in Australian pe
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....
Just in time for Christmas, the Government has taken two-for-one KiwiSaver deals off the table … even if you happen to be the prime minister. In a pre-festive season amendment to the ‘Register of
The Private Land and Property Fund provides investors with an opportunity to obtain an investment exposure to a portfolio of primarily directly held, unlisted, agricultural and horticultural land and.
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....
By Jonathan Underhill June 1 (BusinessDesk) - Chow Group went public in 2016 through a reverse listing with big plans to raise capital to bankroll a portfolio of accommodation and hotels but two year
By Paul McBeth March 8 (BusinessDesk) - Suncorp Group's Vero Insurance has sold its cornerstone stake in rival insurer Tower to US private equity firm Bain Capital for $53.9 million, registering a $7.
By Pattrick Smellie Sept. 20 (BusinessDesk) - A capital gains tax on the sale of investment property, businesses, shares and other assets such as farms is a step closer if the interim report of the Ta
Private equity firm Pacific Equity Partners sold Evolution Healthcare – a portfolio of hospitals and clinics – for $746 million, documents released under the Official Information Act show. New Z
The country’s largest prescriber of medicinal cannabis is looking to attract $6 million in a capital raise. Waseem Alzaher, chief executive of the Green Leaf Group, which runs the Takapuna-based Can
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 Pattrick Smellie Aug. 11 (BusinessDesk) - First NZ Capital is to formalise its channel for private investors to support mid to large-sized New Zealand companies seeking capital without listing on a
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
Trans-Tasman chemical company DGL Group went public on the NZX and ASX this morning after raising $100 million of growth capital. DGL issued 100 million new shares, at $1 each, in an oversubscribed in
Over the past eight weeks, Napier Port has been a community base for the ongoing response to Cyclone Gabrielle as our region continues what will be a long recovery for our homes and businesses, our pr
Award-winning advertising agency Special Group is set to open a new office in Wellington, vowing to take on rivals for government contracts in the capital. The independent group believes it can take o
By Sophie Boot Aug. 4 (BusinessDesk) - An Australian private equity consortium has bought Queenstown-based tour agency Active Adventures, with two of the former owners staying on the board. The cons
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
By Fiona Rotherham March 8 (BusinessDesk) - Mortgage broker and peer-to-peer lender, Squirrel Group, is launching a $5 million equity crowdfunding private offer today, in what’s likely to be its las
By Paul McBeth March 14 (BusinessDesk) - The government's Tax Working Group is encouraging submissions on capital gains taxes and land taxes, while stressing that owner-occupier housing is out of boun
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