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Markets
Market Close
IkeGPS continues run, up 8.6%; NZX 50 dips
Gentrack Group fell 4.23% after a couple of large trades.
Markets
Marsden Point biorefinery investment decision edges closer
Final investment decisions pushed back to 2026 because of complexity.
Primary Sector
ACCC yet to start Bega’s Fonterra Oceania acquisition review
It’s been nearly a month since the Aussie dairy company filed for one.
Markets
Market Close
F&P Healthcare drop leads NZX lower, rural stocks show strength
Rural services group PGG Wrightson rose 14c or 6.9% to $2.17.
Markets
Tait won’t up its offer for Vital ‘under any circumstances’
Suitor says offer is ‘at the maximum’ of its assessment of target’s value.
Markets
Vital holder slams takeover valuation report
Matt Goodson says the Grant Samuel report was ‘particularly uninformative’.
Markets
Lights, camera, cashflow: Forsyth Barr upgrades Vista
Analysts also lifted their 12-month target price by 5% to $4.30.
Markets
Market Close
NZ sharemarket steady as Australian regulator clears path for Fonterra consumer arm sale
The NZ sharemarket was flat while the Nasdaq hit another record hit in the US.
Markets
Mercury seeks buyer for Are Media
Mercury bought the Bauer Media assets early in the covid pandemic.
Primary Sector
ACCC won't oppose Lactalis buying Fonterra's Aussie business
The Aussie business is a large chunk of the consumer divestment.
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