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OG Oil & Gas receives regulatory approval for its partial takeover of NZ Oil & Gas

OG Oil & Gas receives regulatory approval for its partial takeover of NZ Oil & Gas

By Rebecca Howard Dec. 14 (BusinessDesk) - OG Oil & Gas has received approval from the Overseas Investment Office in its partial takeover bid for New Zealand Oil & Gas, one of the final hurdles the oil and gas division of Ofer Global needs to declare the deal done.  "This a...

Rebecca Howard 13 Dec 2017
A2 CEO Geoff Babidge to leave in 2018, replaced by Jetstar's Jayne Hrdlicka

A2 CEO Geoff Babidge to leave in 2018, replaced by Jetstar's Jayne Hrdlicka

By Sophie Boot Dec. 14 (BusinessDesk) - A2 Milk Co managing director Geoff Babidge will retire next year, and will be replaced by Jetstar chief Jayne Hrdlicka. Babidge has been in the role since 2010, and in the past two years has seen the share price jump from around $1 at...

Sophie Boot 13 Dec 2017
NZ non-bank lenders lift profit 10% in 2017, buoyed by strong car sales: KPMG

NZ non-bank lenders lift profit 10% in 2017, buoyed by strong car sales: KPMG

By Paul McBeth Dec. 14 (BusinessDesk) New Zealand's non-bank lenders lifted annual profits 10 percent in the 2017 financial year as demand for credit persisted, buoyed by record sales of new cars, KPMG's annual sector update shows.  Eighteen of the 25 participants in the KP...

Paul McBeth 13 Dec 2017