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NZ dollar holds gains as Yellen appearances stoke expectations of more on US rates
April 14 (BusinessDesk) – The New Zealand dollar held its gains of last week against the greenback before public statements by Federal Reserve chair Janet Yellen amid speculation she may clarify the central bank’s view on the start of any interest rate hikes in the US. The kiwi...
UPDATE – No deal, say Abano rebel shareholders to buyout bid
April 14 (BusinessDesk) – The brinksmanship between Abano Healthcare Group and two shareholders owning 19 percent of the company continues, with 15 percent shareholder Peter Hutson rejecting a bid from Abano for the 50 percent of Bay International that he owns. Abano owns the ot...
Hellaby adds $20 million in annual sales with NZ Trucks, Dasko acquisitions
By Suze Metherell April 14 (BusinessDesk) – Hellaby Holdings, whose interests range from footwear to oil and gas services, expects to add $20 million to annual revenue after buying New Zealand Trucks South Island and Dasko Marketing NZ. The Auckland-based investor paid “less t...
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