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Ebos takes 25% stake in Good Price Pharmacy Warehouse, flags further acquisitions

Ebos takes 25% stake in Good Price Pharmacy Warehouse, flags further acquisitions

By Suze Metherell Aug. 27 (BusinessDesk) - Ebos Group, which trebled its annual profit after acquiring pharmaceutical wholesaler and distributor in Australia Symbion, has taken a quarter-stake in an Australian pharmacy retailer and is hunting for more. The Christchurch-base...

27 Aug 2014
NZ dollar gains as Fonterra affirms milk price, announces Chinese joint venture

NZ dollar gains as Fonterra affirms milk price, announces Chinese joint venture

By Paul McBeth Aug. 27 (BusinessDesk) - The New Zealand dollar rose after Fonterra Cooperative Group affirmed its forecast milk price payout to farmers, and unveiled a $615 million joint venture with China's Beingmate. The kiwi rose to 83.62 US cents at 5pm in Wellington fr...

27 Aug 2014
Fonterra to offer at least 20% premium for Beingmate shares in deal to drive Anmum sales

Fonterra to offer at least 20% premium for Beingmate shares in deal to drive Anmum sales

By Jonathan Underhill Aug. 27 (BusinessDesk) - Fonterra Cooperative Group will offer a premium of at least 20 percent for a one-fifth stake in Beingmate Baby & Child Food as part of a $615 million investment in a partnership to drive baby food sales into China. Fonterra wil...

27 Aug 2014
Smiths City shares climb 8% after Edison report says stock undervalued

Smiths City shares climb 8% after Edison report says stock undervalued

27 Aug 2014
Fonterra to buy 20% stake in China's Beingmate, sell Darnum plant into JV

Fonterra to buy 20% stake in China's Beingmate, sell Darnum plant into JV

27 Aug 2014
NZ food prices fall in July, cementing expectations interest rates are on hold till 2015

NZ food prices fall in July, cementing expectations interest rates are on hold till 2015

27 Aug 2014
Christchurch property investor Ridgecrest wins IAG policy appeal in Supreme Court

Christchurch property investor Ridgecrest wins IAG policy appeal in Supreme Court

27 Aug 2014
UPDATE: Ebos outlook subdued after Symbion acquisition driven profit boost

UPDATE: Ebos outlook subdued after Symbion acquisition driven profit boost

26 Aug 2014
UPDATE: Air NZ shares hit 2-month high on profit growth, fatter dividend

UPDATE: Air NZ shares hit 2-month high on profit growth, fatter dividend

26 Aug 2014
Genesis Energy beats prospectus forecast with 53% drop in full-year profit

Genesis Energy beats prospectus forecast with 53% drop in full-year profit

26 Aug 2014
Snakk Media lifts first-quarter sales, mulls ASX listing

Snakk Media lifts first-quarter sales, mulls ASX listing

26 Aug 2014
Ebos profit soars in first full year of Symbion, sees growth in 2015

Ebos profit soars in first full year of Symbion, sees growth in 2015

26 Aug 2014
NZ dollar falls as greenback advances, expectations for local rate hikes pushed out

NZ dollar falls as greenback advances, expectations for local rate hikes pushed out

26 Aug 2014
While you were sleeping: Fresh record for Wall Street

While you were sleeping: Fresh record for Wall Street

26 Aug 2014
NZ Steel boosts Bluescope with extra ironsand exports

NZ Steel boosts Bluescope with extra ironsand exports

26 Aug 2014
MARKET CLOSE: NZ shares gain led by Tower; Auckland Airport falls on earnings

MARKET CLOSE: NZ shares gain led by Tower; Auckland Airport falls on earnings

26 Aug 2014
NZ dollar holds near 6-month lows, may fall further as greenback revives

NZ dollar holds near 6-month lows, may fall further as greenback revives

26 Aug 2014
High LVR lending slips to 6.5% of new mortgages in July, RBNZ data shows

High LVR lending slips to 6.5% of new mortgages in July, RBNZ data shows

26 Aug 2014
Time to rethink India's IT reputation, says visiting delegation

Time to rethink India's IT reputation, says visiting delegation

26 Aug 2014
Connor Healthcare boosts Acurity take over offer to 38 percent premium on last share price

Connor Healthcare boosts Acurity take over offer to 38 percent premium on last share price

26 Aug 2014
Pacific Brands to sell workware unit to Wesfarmers after impairments led to full-year loss

Pacific Brands to sell workware unit to Wesfarmers after impairments led to full-year loss

26 Aug 2014
Landcorp, keen user of Fonterra's guaranteed milk price, looks to reduce dairy exposure

Landcorp, keen user of Fonterra's guaranteed milk price, looks to reduce dairy exposure

26 Aug 2014
CORRECT: Tourism Holdings 2014 profit jumps on fatter margins, forecasts 35% jump in 2015

CORRECT: Tourism Holdings 2014 profit jumps on fatter margins, forecasts 35% jump in 2015

26 Aug 2014
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