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Pyne Gould looks to oust EPIC directors, boost its stake to 49%
By Suze Metherell Sept. 16 (BusinessDesk) - Pyne Could Corp, the asset management firm controlled by George Kerr, is seeking the removal of two directors of Equity Partners Infrastructure Company No.1, as it looks to boost its stake to almost half. Pyne Gould wants to raise...
NZ dollar holds gains as dairy auction looms
By Paul McBeth Sept. 16 (BusinessDesk) - The New Zealand dollar held gains in local trading after weak US industrial production sapped demand for the greenback, and ahead of an upcoming dairy auction, which will offer a gauge on New Zealand's biggest commodity export. The l...
MARKET CLOSE: NZ shares fall as prospect of new rivals weigh on retirement villages
By Suze Metherell Sept. 16 (BusinessDesk) - New Zealand shares fell, led by Summerset Group Holdings, as the prospect of new rivals weighed on listed retirement village operators. Stocks with regulatory pressure, such as Air New Zealand, Chorus and energy companies fell amid p...
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