Woolworths sells EziBuy for undisclosed sum to Sydney investment firm Alceon
By Paul McBeth June 26 (BusinessDesk) - ASX-listed supermarket chain operator Woolworths has sold New Zealand clothing and homeware retailer EziBuy for an undisclosed sum to Sydney-based investment firm Alceon Group. Woolworths decided to quit the EziBuy in the middle of l...
Stride Property promotes Philip Littlewood to CEO after six-month spell in joint acting role
By Paul McBeth June 26 (BusinessDesk) - Stride Property Group, which last month beat annual profit forecasts, has promoted Philip Littlewood to chief executive after the former GM investment management spent six months in a joint acting role with chief financial officer Jennif...
Appeal court strikes down Ngatata Love's bid to quash fraud conviction, sentence
By Paul McBeth June 26 (BusinessDesk) - The Court of Appeal has rejected a bid by one-time Maori luminary Ngatata Love to overturn his conviction and jail sentence for defrauding the Wellington Tenths Trust while he was chair of the iwi body. Justices Rhys Harrison, Christ...
NZ King Salmon lifts annual earnings guidance on appetite for fish
By Paul McBeth June 26 (BusinessDesk) - New Zealand King Salmon Investments expects annual earning to beat its offer document forecast on strong demand for its products and affirmed its projected profit for the following year. Pro-forma operating earnings before interest,...
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