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CORRECT: Telstra spends $20 million for 2% of Orion Health in IPO bookbuild
(Corrects number of shares in second par) By Suze Metherell Nov. 13 (BusinessDesk) - Telstra Health, a unit of Australia's largest telecommunications business Telstra Corp, bought 2 percent of Orion Health Group in the healthcare management software developer's bookbuild la...
Fletcher Building director Tilbrook steps down, citing other commitments
By Tina Morrison Nov. 13 (BusinessDesk) - Fletcher Building director Gene Tilbrook will step down from the board of New Zealand's largest listed company in the first quarter of 2015 because of other commitments. Tilbrook, who has been with the company since 2009, will also...
NZ dollar jumps vs. pound after Bank of England warns of low inflation outlook
By Tina Morrison Nov. 13 (BusinessDesk) - The New Zealand dollar jumped to a four-week high against the British pound after the Bank of England cut its growth and inflation forecasts and signalled interest rates aren't likely to rise anytime soon. The kiwi touched 49.96 Bri...
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