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Silbery's Life-Space Group sold to China's By-Health for up to A$690M

Silbery's Life-Space Group sold to China's By-Health for up to A$690M

By Sophie Boot Feb. 2 (BusinessDesk) - Life-Space Group, the Melbourne-based probiotics maker founded by Kiwi chief executive Craig Silbery, has been sold to Chinese-listed By-Health Group for up to A$690 million.  The deal is subject to shareholder and regulatory approvals...

Sophie Boot 02 Feb 2018
NZ kiwifruit industry needs to manage its growth as constraint pressures emerge, ANZ says

NZ kiwifruit industry needs to manage its growth as constraint pressures emerge, ANZ says

By Jonathan Underhill Feb. 2 (BusinessDesk) - New Zealand's kiwifruit industry needs to manage its ambitious growth plans to ensure there are enough workers and packing plants, and to be aware of rising input prices, ANZ Bank economists say. Kiwifruit is New Zealand's faste...

Briscoe says full-year sales topped $600M for first time, sees record profit of about $61M

Briscoe says full-year sales topped $600M for first time, sees record profit of about $61M

By Jonathan Underhill Feb. 2 (BusinessDesk) - Briscoe Group says full-year sales topped $600 million for the first time, helped by stronger revenue from sporting goods in the fourth quarter, and the retailer expects to report a record annual profit of about $61 million. Tot...