ComCom keeps red flag over potential collusion through industry associations
By Paul McBeth Oct. 1 (BusinessDesk) - The Commerce Commission is still wary about potential collusion through industry associations, which provides an avenue for rival firms to talk about the issues they collectively face and may lead to anti-competitive behaviour. Partici...
Bath Street Capital will 'robustly defend' Pyne Gould's $22 mln claim, considering counterclaim
By Paul McBeth Oct. 1 (BusinessDesk) - Bath Street Capital, which has been building a local trustee firm, will "robustly defend" a $22 million claim by Pyne Gould Corp over the sale of Perpetual Trust, and is considering filing a counter-suit against the asset manager. The...
Infratil follows Z exit with $150 mln bond offer as it targets Pacific Hydro
By Paul McBeth Oct. 1 (BusinessDesk) - Infratil, the Wellington-based infrastructure investor, has followed its exit from Z Energy with a bond issue to raise as much as $150 million as it looks to buy Australian renewable energy firm Pacific Hydro. The investment firm, mana...
CORRECT: Pushpay tops 2,000 merchants, beating forecast at end of September
(Fixes placement price in 3rd graph) By Paul McBeth Oct. 1 (BusinessDesk) - Pushpay Holdings, which yesterday raised $18.7 million in a private placement to fund its global expansion, more than doubled its customer numbers over the past six months, beating its forecast by a...
Prev
