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Pushpay’s bookbuild for co-founder’s stake sale fully underwritten at $4 a share
By Margreet Dietz June 19 (BusinessDesk) - Deutsche Craigs is seeking bids for the 24.8 million shares, or a 9.03 percent stake, in Pushpay Holdings that co-founder Eliot Crowther is looking to sell. The deal is underwritten at $4 a share, which is an 8.8 percent discount t...
NZ produces record milk volumes late in 2017/18 season, helping make up for weaker spring, summer
By Tina Morrison June 19 (BusinessDesk) - New Zealand milk processors collected record levels of milk in the last two months of the 2017/18 season as favourable weather boosted pasture growth, helping make up for trying conditions during the spring and early summer. Dairy...
NZ dollar rises to 6-week high vs Aussie as Australia seen hit harder by any China slowdown
By Jonathan Underhill June 19 (BusinessDesk) - The New Zealand dollar rose to the highest level in more than six weeks against its Australian counterpart on expectations the Australian economy will be harder hit by any slowing in China's growth. The kiwi dollar gained to 93...
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