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Goodman Fielder margins shrink, impairments lead to A$405M annual loss
By Jonathan Underhill Aug. 13 (BusinessDesk) - Goodman Fielder, the food maker under takeover offer from Wilmar International and First Pacific Co, posted a full-year loss after writing down the value of its baking and grocery businesses and recognising costs to exit businesse...
Auckland, Napier ports team up with Icepak for Palmerston North hub
By Paul McBeth Aug. 13 (BusinessDesk) - Ports of Auckland, Napier Port and storage and logistics group Icepak New Zealand have set up a joint venture to build an inland port and freight hub in Palmerston North. The proposed $20 million development would transform the Longbu...
Sky City may JV with hotel developers, investors in $807M expansion, Morrison says
By Jonathan Underhill Aug. 13 (BusinessDesk) - SkyCity Entertainment Group, New Zealand’s only listed casino company, would consider partnering with developers or hotel investors to part fund some $807 million of spending on its expansion in Auckland and Adelaide, chief execut...
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