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FMA publishes benchmark P2P lending, crowdfunding figures
By Paul McBeth Nov. 27 (BusinessDesk) - The Financial Markets Authority has released the first annual snapshot of lending through peer-to-peer platforms and equity raised via crowdfunding portals to give investors and firms a better handle on market trends. The figures sho...
Wilson Parking NZ annual profit jumps 22% on growth in parking, security
By Jonathan Underhill Nov. 27 (BusinessDesk) - Wilson Parking New Zealand, the local unit of a business ultimately controlled by Hong Kong's Kwok family, posted a 22 percent gain in full-year profit as sales at its parking and security units rose. Profit was $12.3 million i...
Rubicon pays 'bargain' price for ArgborGen control
By Paul McBeth Nov. 27 (BusinessDesk) - Rubicon says it got a bargain with the US$29 million price to buy out partners in ArborGen after refusing to waive provisions that would have allowed its former co-investors to run a formal sales process for their stakes in the biotech s...