Bapcor wraps up exit from unwanted Hellaby assets with $35M sale of TBS Group
By Paul McBeth April 5 (BusinessDesk) - ASX-listed autoparts maker Bapcor has exited the last of the leftover Hellaby Holdings assets it didn't want with the sale of industrial asset maintenance firm TBS Group for $35 million, reaping more from the divestments than flagged. ...
NZ commodity prices rise in March on dairy, meat and forestry gains; aluminium prices hit by trade war
By Paul McBeth April 5 (BusinessDesk) - New Zealand commodity prices rose for a third month in March as tight supply bolstered prices for dairy and meat products and Chinese demand continued to underpin forestry. Aluminium prices fell as the US imposed tariffs, stoking trade t...
Air NZ, Virgin Australia to end seven-year trans-Tasman alliance in October
By Paul McBeth April 4 (BusinessDesk) - Air New Zealand and Virgin Australia Holdings will end their seven-year trans-Tasman alliance in October when regulatory approval for their shared services ends. New Zealand's national carrier ended the strategic alliance, giving Vir...
Ports of Auckland boss Tony Gibson appointed to Marsden Maritime board
By Paul McBeth April 4 (BusinessDesk) - Ports of Auckland chief executive Tony Gibson has joined the board of Marsden Maritime Holdings, which owns half of Northport in Whangarei. The appointment is effective immediately, with Gibson replacing Peter Griffiths who left at t...
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