Ryman buys Victoria University's Karori campus for retirement development

Ryman buys Victoria University's Karori campus for retirement development

By Tina Morrison Dec. 12 (BusinessDesk) - Ryman Healthcare, New Zealand's largest retirement village operator, has bought Victoria University of Wellington's former Karori campus for an undisclosed sum to convert into a retirement village. The development in Wellington's la...

Tina Morrison 11 Dec 2017
Rubicon plans to sell Clearwood stake for $15.3M to focus on ArborGen business

Rubicon plans to sell Clearwood stake for $15.3M to focus on ArborGen business

By Tina Morrison Dec. 11 (BusinessDesk) - Rubicon, the NZX-listed forestry biotech company, has agreed to sell its remaining holding in its Clearwood manufacturing business for about $15.3 million, to focus on its ArborGen forestry genetics business. Auckland-based Rubicon...

Tina Morrison 10 Dec 2017
NZ carbon price breaks through $20, seen rising higher

NZ carbon price breaks through $20, seen rising higher

By Tina Morrison Dec. 7 (BusinessDesk) - The New Zealand carbon price has broken through the $20 a tonne mark, as it continues its push higher on speculation the new government will lift a cap on the maximum price emitters pay. The price for a New Zealand carbon unit under...

Tina Morrison 06 Dec 2017
A2 Milk settles court dispute with Lion in Australia

A2 Milk settles court dispute with Lion in Australia

By Tina Morrison Dec. 7 (BusinessDesk) - A2 Milk, which markets milk with a protein variant said to have health benefits, has settled a court case in Australia with its rival Lion Group. A2 faced a legal challenge in Australia from Lion over the science behind health-relate...

Tina Morrison 06 Dec 2017