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Trans Tasman 'political insider' newsletter publisher faces liquidation
By Paul McBeth Nov. 22 (BusinessDesk) - The Main Report Group of companies, which publishes the long-running Trans Tasman 'political insider' newsletter, is facing liquidation and owner Max Bowden has until next week to come up with a plan to satisfy its creditor. Inland R...
Fliway takeover at upper end of independent adviser's range
By Paul McBeth Nov. 22 (BusinessDesk) - A $55.4 million takeover of NZX-listed logistics firm Fliway Group is at the upper end of an independent valuation range, and unless a better bid emerges the pros outweigh the cons, according to the deal's independent adviser report. ...
Seeka upgrades FY guidance to within 5% of 2016 operating profit
By Sophie Boot Nov. 22 (BusinessDesk) - Seeka, the biggest kiwifruit grower in Australasia, has lifted its annual operating earnings guidance after improved performance across most of its businesses. In June, the company gave guidance for a 15 percent drop in operating prof...