
Markets
Infratil's renewables stake drops by US$133m
Infratil provided updated valuations on three investments.

Markets
US insurance brokerage buys NZ firm RMA General
New owner Arthur J Gallagher & Co has a market cap of NZ$150 billion.

Services
NZ Post increasing Manila outsourcing
The Philippines call centre is set to expand by 15 people in May.

Business
Global parts firm buys NZ company West-Trak
West-Trak has branches in Auckland and Westport and is planning expansion to Australia.