NZ dollar rises to 10-month high as commodities rally, dairy prices gain
By Paul McBeth April 20 (BusinessDesk) - The New Zealand dollar rose to a 10-month high as commodities continued their rally, and as prices for the country's biggest export, dairy, rose. The kiwi climbed as high as 70.54 US cents and was trading at 70.48 cents at 8am from...
Tegel priced at $1.55 a share, near bottom of the range
By Paul McBeth April 20 (BusinessDesk) - Tegel Group Holdings, the poultry group controlled by private equity firm Affinity Equity Partners, will sell shares at $1.55 apiece in the year's first initial public offering, near the bottom of its indicative price range. The pr...
AsureQuality partners with France's Bureau Veritas to buy Dairy Technical Services
By Paul McBeth April 18 (BusinessDesk) - AsureQuality, the state-owned food safety and biosecurity services firm, has teamed up with French testing and inspection group Bureau Veritas to buy out its partners in Australia's Dairy Technical Services for an undisclosed sum. A...
NZ Refining wants minimum board size cut from eight to three
By Paul McBeth April 18 (BusinessDesk) - New Zealand Refining, which operates the country's only oil refinery, wants shareholders to approve a change to the company's constitution that would allow for a smaller board. The Whangarei-based company's shareholders will vote on...
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