Activists oppose Tui oil field expansion with toasts and song
By Gavin Evans Nov. 8 (BusinessDesk) - Protesters opposing plans to extend the life of the Tui oil field raised a toast to the government’s ban on new offshore exploration and what they says is Tamarind Resources’ “really bad” investment in a soon-to-be stranded asset. Vete...
SkyCity agrees Darwin casino sale for A$188 mln
By Gavin Evans Nov. 8 (BusinessDesk) - SkyCity Entertainment has agreed to sell its Darwin casino for A$188 million to US-based Delaware North as part of a plan to free up capital and focus on its more profitable Auckland and Adelaide operations. The sale price is about A$8...
EWS improves final SLI offer
By Gavin Evans Nov. 8 (BusinessDesk) - Texas software investor ESW Holdings has improved its final offer for Kiwi e-commerce software seller SLI Systems. ESW has confirmed a price of 65 cents, or $41.4 million, for SLI’s shares. That is 3 percent more than the minimum price...
Suspended NZ crypto 'coins' to be re-released early 2019
By Nikki Mandow Nov. 8 (BusinessDesk) - New Zealand will get its crypto-based dollars back early next year, in a move that will likely cause excitement among local cryptocurrency investors and enthusiasts, and incomprehension among the rest of the population. Known as the N...
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