Empire gets largest Vital shareholder to support 50.01% takeover offer
The largest shareholder in New Zealand Exchange-listed fibre business Vital is backing Empire Technology’s $8 million takeover offer for 50.01% of the shares, according to the man leading the deal.Empire director Simon Herbert said Vital’s single largest shareholder, Asset Manage...
Andrew Reding returns to Fletcher Building as group CEO
Nearly two decades after he was last at the organisation, Andrew Reding makes a return.
Govt adjusts ETS settings, reduces number of NZUs
Climate Change Minister Simon Watts announced on Tuesday that the Government has updated emission trade scheme (ETS) settings to "ensure New Zealand has a more credible market".In a statement, Watts said the coalition Government has "been clear" that it wanted a credible ETS-led...
BusinessNZ appoints Katherine Rich as CEO
BusinessNZ’s board has appointed Katherine Rich as its new chief executive.Rich has held several governance roles, including chair of Fairtrade Australia and New Zealand and member of the Barnardos board.In recent times, Rich has worked as a consultant for Anthem, a marketing and...
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