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UPDATE: Nuplex takeover process could take until June/July to finalise, CEO Severin says
(Adds CEO and analyst comments) By Fiona Rotherham Nuplex Industries chief executive Emery Severin says it’s likely to take until June or July to finalise a takeover proposal from US-based Allnex Belgium SA, which offers investors the choice of a premium on the current shar...
NZ consumer confidence dips in February, largely stable in global headwinds
By Sophie Boot Feb. 18 (BusinessDesk) - New Zealand consumer confidence slipped to its historical average in February, according to the latest ANZ-Roy Morgan Consumer Confidence Index. The index declined 2 points to 119.7 in February, in line with the historical average of...
Spark dangles special dividend sweetener for another year, shares rise
By Paul McBeth Feb. 18 (BusinessDesk) - Spark New Zealand shares rose 2.3 percent after the country's biggest telecommunications company dangled the prospect of a cash sweetener to investors for a second year in a row. The Auckland-based company's board delivered on an int...
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