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SLI Systems soars on debut as New Zealand market experiences resurgence
By Tina Morrison May 31 (BusinessDesk) – Shares in SLI Systems, a website search operator, rose as much as 20 percent after listing on the NZX this morning, joining a slew of New Zealand companies going public in the face of resurgent demand for the returns available from equiti...
Xero chair, COO book million-dollar paydays after shares more than triple in past year
By Paul McBeth May 31 (BusinessDesk) - Xero chairman Sam Knowles and chief operating officer Alastair Grigg cashed in some of their shares, which have more than tripled in price in the past 12 months, after a ‘black-out’ period ended when the accounting software-developer repor...
Turners and Growers mops up remaining 30 percent of Delica for $25.8 mln
May 31 (BusinessDesk) - Turners & Growers, the fruit marketer controlled by Germany's BayWa Aktiengellschaft, has mopped up the 30 percent in specialist producer exporter Delica it doesn’t already own from managers for $25.8 million. Turners & Growers has been granted a waiver...
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