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Slim pickings for Jenny Craig buyers
Four offers to buy the New Zealand and Australian arms of Jenny Craig Weight Loss Centres weren’t tasty enough for the voluntary administrators, who’ve chosen to tip the scales in favour of liquidation. Creditors will vote on June 14 on whether to appoint liquidators after volunt...
Markets
Pacific Edge working through Novitas decision
Pacific Edge is still working through the implications of the Medicare contractor decision that its suite of products do not meet the threshold for coverage under the US Social Security Act. Trading of the Dunedin-based company’s shares was halted before the market opened and the...
Retail
Ebos slides 9.8% after losing A$1.9b Chemist Warehouse contract
Ebos Group shares dropped 9.8% after the healthcare and animal care products maker lost a major contract to supply pharmaceuticals to Chemist Warehouse. The company will lose the A$1.9 billion (NZ2.06b) contract for the discounter pharmacy chain’s Australian stores at the end of...
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