By Margreet Dietz July 10 (BusinessDesk) - OG Oil & Gas has offered a 25 percent premium to buy out minority holders in New Zealand Oil and Gas. Singapore-based OGOG, the oil and gas arm of Ofer Global Group and 70 percent-owner of NZOG, is offering 62 cents for the shares...
By Gavin Evans July 9 (BusinessDesk) - Industrial automation specialist Scott Technology says its forward order book remains strong despite restrained investment in Europe due to the ongoing uncertainty around Brexit. The firm, which now has more staff in Europe than in New...
By Gavin Evans July 9 (BusinessDesk) - New car importers have welcomed government measures to reduce emissions from the transport fleet, but warn one of the initiatives - a proposed clean car standard - may not be as effective as hoped. Motor Industry Association chief exec...
(Updates to show Mercury's extra tax charge in 1st, 4th & 5th paragraphs; corrects headline; updates share price in last paragraph.) By Victoria Young July 8 (BusinessDesk) - Inland Revenue has won a tax case against Mercury NZ over the tax classification of two of its turb...
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