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High power prices to persist with Pohokura outage
By Gavin Evans Oct. 12 (BusinessDesk) - High power prices may persist for another month with full production from the Pohokura gas field not expected to resume before late November. Output from the offshore field, the country’s biggest, was reduced about three weeks ago aft...
$434M sale of Wrightson's seeds fair to minorities
By Paul McBeth Oct. 12 (BusinessDesk) - Danish cooperative DLF Seeds' $434 million cash and debt bid to buy PGG Wrightson's seeds unit is fair to minority shareholders, independent advisor KordaMentha says. Wrightson's 12,059 shareholders will vote on the deal at a combine...
NZ manufacturing PMI eases in September, still expanding
By Rebecca Howard Oct. 12 (BusinessDesk) - New Zealand's manufacturing activity was still expanding in September although a dip in production and new orders may signal tougher times ahead. The BNZ-BusinessNZ performance of manufacturing index fell 0.3 of a point to a seaso...
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