ANZ takes $22m stake in Pacific Edge
ANZ New Zealand Investments has bought $22 million of new shares in cancer diagnostics company Pacific Edge at a premium. Pacific Edge will issue 33.8 million shares to ANZ at 65 cents per share, a 14 percent premium to the volume weighted average share price over the previous...
MARKET CLOSE: NZ shares fall; Oceania reports weak earnings
New Zealand shares fell, led lower by Oceania Healthcare after it reported annual earnings significantly weaker due to covid-19. The S&P/NZX 50 Index declined 29.56 points, or 0.3 percent, to 11,693.41. Within the index, 24 stocks rose, 19 fell, and seven were unchanged. Turno...
Recovery for Sky TV not insurmountable - Jarden
Establishing a sustainable operating model should not an insurmountable task for struggling pay-TV provider Sky Network Television, according to Jarden research. With live sport returning more quickly than expected, Sky could outperform its initial recovery expectations, resea...
MARKET CLOSE: NZ shares dip as A2, F&P Healthcare weigh
New Zealand shares edged lower as the two biggest companies - Fisher & Paykel Healthcare and A2 Milk - weighed on the broader index, following Australia lower amid concerns over the latest wave of new covid-19 cases across the Tasman. The S&P/NZX 50 Index declined 13.8 points...