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ERoad plans $18m capital raise as it pushes US expansion
By Sophie Boot Dec. 12 (BusinessDesk) - ERoad is in a trading halt as it looks to raise at least $18 million through a placement and a share purchase plan to fund an upgrade of its back-end systems amid a push into North America. The company said it wants to raise at least...
Ryman buys Victoria University's Karori campus for retirement development
By Tina Morrison Dec. 12 (BusinessDesk) - Ryman Healthcare, New Zealand's largest retirement village operator, has bought Victoria University of Wellington's former Karori campus for an undisclosed sum to convert into a retirement village. The development in Wellington's la...
OG Oil & Gas crosses 50% threshold in bid to win control of NZOG
By Paul McBeth Dec. 12 (BusinessDesk) - OG Oil & Gas has crossed the 50 percent threshold needed to win control of NZX-listed New Zealand Oil & Gas in a partial takeover of the local energy explorer and producer, meaning it now just needs regulatory approval to declare the dea...
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