UPDATE: Trilogy International shares slump on FY2017 guidance
(Updates to show shares dropped, adds broker comment) By Edwin Mitson Sept. 22 (BusinessDesk) - Shares of Trilogy International, which have almost tripled in the past 12 months, dropped to a three-month low after the skincare and home fragrance company raised its full-year...
NZ Merino takes full ownership of joint venture with Silver Fern Farms
By Edwin Mitson Sept. 21 (BusinessDesk) - New Zealand Merino Co is to take full control of its brand of merino meat, which was previously owned fifty-fifty in a joint venture with Silver Fern Farms. The partnership started five years ago, creating the Silere alpine origin...
Zespri sets out plan to replace chief executive Lain Jager
By Edwin Mitson Sept. 21 (BusinessDesk) - Zespri International, the kiwifruit marketer, is to start the search for a new chief executive next year, with a plan to have the successful candidate in place for the start of 2018. Current boss Lain Jager has been in the role sin...
Auditors qualify opinion of Veritas accounts on value of Nosh food markets
By Edwin Mitson Sept. 20 (BusinessDesk) - The auditors of Veritas Investments, the NZX-listed owner of the Mad Butcher franchise and Nosh Food Market outlets, have qualified their opinion on its financial accounts for the year ended June 30. PwC says Veritas's investment in...