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Genesis float comes with 1-for-15 share bonus sweetener
By Pattrick Smellie March 13 (BusinessDesk) – The government’s unpopular asset sales programme will all be over in just over a month, with a quick-fire bookbuild and public offering scheduled between now and listing of the electricity generator-retailer Genesis Energy’s shares o...

RBNZ’s Wheeler doesn’t expect ‘significant’ rise in kiwi, now at post-float high, as rates increase
By Paul McBeth March 13 (BusinessDesk) - Reserve Bank governor Graeme Wheeler has told MPs in Wellington that he doesn’t expect a “significant” move in the New Zealand dollar as a result of the new interest rate hiking cycle. The trade-weighted index, a measure of the New Zea...

CORRECT Wynyard to raise $35M through placement, share purchase plan to fund growth
(Corrects second paragraph to show UBS underwriting placement at $2.70 a share) March 13 (BusinessDesk) - Wynyard Group, the intelligence software developer, plans to raise $35 million through a placement and a share purchase plan to fund its global growth strategy. Its shares h...