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UPDATE: Nuplex shares rise 3.9% on A$127.5 sale of ANZ units to CHAMP backed company
(Updates share price movement in lede, adds comment in third, fourth and fifth graph) By Suze Metherell Oct. 22 (BusinessDesk) - Shares of Nuplex Industries rose 3.9 percent after the specialty chemicals maker agreed to sell two of its Australasian units to a company backed...
Xero eyes possible A$1 billion float in US, media reports
By Suze Metherell Oct. 22 (BusinessDesk) - Xero, the cloud-based accounting software company, is moving ahead with plans to list in the US with an initial public offer of A$1 billion flagged, according to media reports. The Wellington-based company has engaged Morgan Stanle...
Seeka sees annual profit growth of up to 11%, planning for beefed-up capacity
By Paul McBeth Oct. 22 (BusinessDesk) - Seeka Kiwifruit Industries, the country's biggest kiwifruit grower, sees annual profit growth of up to 11 percent and is planning to expand its capacity in coming years as kiwifruit crops recover from the outbreak of the Psa-V vine disea...
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