MARKET CLOSE: NZ shares mixed; Warehouse and NZ Refining gain, Z Energy and Kathmandu decline
By Sophie Boot Jan. 6 (BusinessDesk) - New Zealand shares were mixed with institutional traders still on holiday, as Warehouse Group and New Zealand Refining gained while Z Energy and Kathmandu Holdings fell. The S&P/NZX 50 Index dipped 4.95 points, or 0.07 percent, to 6,97...
Restaurant Brands settlement of Hawaiian deal delayed to February
By Sophie Boot Jan. 6 (BusinessDesk) - Restaurant Brands New Zealand says its deal to buy Pacific Island Restaurants (PIR), the largest fast-food operator in Hawaii with 82 Taco Bell and Pizza Hut stores, has been delayed until the end of February. The fast-food retailer an...
CBL completes 94.5M euro purchase of French insurance creator
By Sophie Boot Jan. 6 (BusinessDesk) - CBL Corp has completed its 94.5 million euro purchase of France's Securities and Financial Solutions Europe SA (SFS), taking over its biggest customer in a deal the credit and financial risk insurer expects to lift earnings. The Auckla...
ERoad Q4 result 'broadly in line' with expectations
By Sophie Boot Jan. 5 (BusinessDesk) - ERoad, the logistics and fleet management company, said its total contracted units at the end of 2016 were "broadly in line" with expectations, with a 5.1 percent lift from a quarter earlier. As at Dec. 31, the Auckland-based company h...
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