News in Brief
News in Brief
News in Brief
Westpac appoints chief executive
Westpac has appointed Peter King, former chief financial officer, as the bank’s chief executive for a term of two years. Westpac chairman John McFarlane said in moments of global stress and uncertainty, stability and strength were vital. King will be paid an initial base salary o...
News in Brief
T&G Global's Freshmax acquisition approved
T&G Global acquisition of Freshmax New Zealand has been approved by the New Zealand Commerce Commission. The acquisition includes three market sites in Auckland, Wellington and Christchurch, and distribution services throughout New Zealand. The fresh food producers said it would...
News in Brief
Executive appointees at Meridian
Meridian Energy has appointed two executives. Claire Shaw as general manager of corporate affairs and sustainability and Jason Woolley as general counsel and company secretary. Shaw has a decade of experience as an external relations professional in the sector and Woolley has bee...
News in Brief
LIC gets a discount
Livestock Improvement Corporations investment in Israeli dairy tech firm, Afimilk, just got cheaper as the New Zealand dollar has risen against the US dollar, now trading at 59.2 cents. This has cut $5 million dollars from the actual purchase price, bring it to $118.3. The compan...
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