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Acurity independent directors back bonus issue in Connor takeover
By Paul McBeth Nov. 14 (BusinessDesk) - Acurity Health Group's independent directors have backed a two-for-11 fully imputed taxable bonus share issue as part of a takeover bid by Connor Healthcare, which wants to buy the 29 percent of the hospital operator it doesn't own. A...
Fonterra's forecast share dividend too low, unitholder tells annual meeting
By Fiona Rotherham Nov. 14 (BusinessDesk) - The Fonterra Shareholders' Fund, which holds 7.5 percent of the world’s largest dairy exporter, should be able to raise its 2015 dividend forecast given it expects to pay farmers less for their milk, reducing its input costs, a unith...
Steel & Tube expects annual revenue to grow 13% on stainless steel acquisition
By Suze Metherell Nov. 14 (BusinessDesk) - Steel & Tube, the steel building products manufacturer, expects full-year revenue to increase 13 percent as its stainless steel acquisition boosts earnings, while the wider trading environment remains competitive as falling dairy pric...
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