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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...
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...