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Telco company 2Degrees increases its debt capacity to fund future expenditure
By Pattrick Smellie July 31 (BusinessDesk) - New Zealand telecommunications operator 2Degrees is adding $50 million in senior debt capacity to its balance sheet as it refinances an existing $200 million debt facility and bumps it up to $250 million, according to the company's...
Evolve Education warns of lower 2019 earnings, confirms takeover interest; shares drop
By Rebecca Howard July 31 (BusinessDesk) - Evolve Education Group expects its 2019 annual earnings will be $3 million to $5 million lower and said it continues to see takeover interest. Its shares dropped 7.8 percent. The company reported underlying earnings before interest...
Serko lifts guidance range for 2019 revenue on Flight Centre negotiations
By Sophie Boot July 31 (BusinessDesk) - Serko, the online travel booking software developer, has lifted its 2019 revenue expectation slightly due to a planned extension of its partnership with Flight Centre Travel Group. Its guidance range is now for revenue growth between...
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