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Canada's NorthWest looks to boost stake in Vital Healthcare to 25 percent

Canada's NorthWest looks to boost stake in Vital Healthcare to 25 percent

April 2 (BusinessDesk) - Canadian investor NorthWest International Healthcare Properties Real Estate Investment Trust plans to lift its stake in Vital Healthcare Property Trust to just under a quarter over the coming 12 months. The Vital Healthcare cornerstone shareholder and...

01 Apr 2013
KiwiRail to shutter Coastal Pacific service during winter months to stem losses

KiwiRail to shutter Coastal Pacific service during winter months to stem losses

April 2 (BusinessDesk) – KiwiRail, the state-owned railway, will close its Coastal Pacific train service between Picton and Christchurch for the winter months to stem losses running at $3 million a year. The tourist train needs to sell 130 seats to breakeven though last winter...

01 Apr 2013