MYOB buys NZ payroll provider Information Management Services for up to $9.7M
By Paul McBeth Sept. 30 (BusinessDesk) - MYOB, the Australian payment solutions software developer, has bought Hastings-based payroll provider Information Management Services for as much as $9.7 million, its fourth New Zealand acquisition in recent years. The Melbourne-base...
NZ residential building consents fall 4.9% in September as Canterbury focus shifts to non-residential work
By Paul McBeth Sept. 30 (BusinessDesk) - New Zealand residential building consents fell 4.9 percent in August as the Canterbury rebuild shifts its focus toward commercial work. Seasonally adjusted consents declined to 2,397 last month from 2,520 in July, when they spiked 20...
Veritas to appeal Burger King decision to quit meat patty supply deal
By Paul McBeth Sept. 30 (BusinessDesk) - Veritas Investments, the food and beverage investor, plans to appeal an arbitrator's ruling in favour of Burger King franchise operator Antares Restaurant Group quitting their joint venture, which supplies beef patties to the fast food...
SeaDragon raises $10 mln, adding extra placement after rights issue, bookbuild
By Paul McBeth Sept. 30 (BusinessDesk) - SeaDragon, the fish oil refiner, has raised $10 million to help fund the completion of a new factory in Nelson, undertaking an extra placement to investors in excess of what it was seeking through a rights issue and bookbuild. The Ne...
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