By Suze Metherell Oct. 6 (BusinessDesk) - Victor Clarke, a former director of MediaWeb, one-time publisher of NZ Management magazine, has pleaded guilty to forgery and false accounting charges, brou
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
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
Craigs Investment Partners has appointed ASB Bank executive and former Paymark boss, Simon Tong as chief executive of the brokerage firm. Craigs chair Ralph Norris announced Tong will assume the role.
Fonterra Cooperative Group has partnered with YFood to provide research and product development expertise to help drive the German start-up’s expansion, Fonterra general manager Europe Thijs Bosch t
By Jonathan Underhill Dec. 23 (BusinessDesk) - Partners Life, a life insurance company whose owners include private equity firm Blackstone, said first-half earnings rose 14 percent as premium income
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
Air New Zealand has chosen four companies to develop technology and infrastructure needed to run a zero-emissions demonstrator flight in 2026. The national carrier recently announced a plan to replace
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
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
Beauty brand Me Today has appointed Ireland’s Uniphar Wholesale and Australia’s Adore Beauty Group as distribution partners. The Grant Baker-backed beauty and vitamins brand said Uniphar has 280
By Paul McBeth Aug. 10 (BusinessDesk) - TeamTalk has hired investment bank Cameron Partners for a strategic review of the telecommunications company just three weeks after appointing a new chief exec
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
By Fiona Rotherham Sept. 8 (BusinessDesk) - The Serious Fraud Office has laid Crimes Act charges against Victor John Clarke, a former director of failed media company MediaWeb, in the Auckland Distric
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
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
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
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
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.
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
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.
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
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
Partners Life has agreed to buy the Bank of New Zealand’s life insurance business for $290 million. The life insurer counts US private equity firm Blackstone as a backer, and has been toying with an
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