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Chorus lifts broadband connections 1.1 percent in first quarter
April 16 (BusinessDesk) – Chorus, the network operator spun out of Telecom in 2011, increased its broadband connections by 1.1 percent in the first quarter while its fixed-line connections edged up 0.2 percent. Broadband connections rose to 1.144 million at March 31, from 1.132...
BlueScope Steel gets antitrust clearance to buy Fletcher’s Pacific Steel
April 16 (BusinessDesk) - BlueScope Steel, Australia’s largest steelmaker and owner of the New Zealand Steel mill, has gained antitrust approval to acquire the assets of Fletcher Building’s Pacific Steel in a $120 million deal. The Commerce Commission said while the acquisition...
Turners and Growers to buy Apollo Apples for up to $44.1 mln
April 16 (BusinessDesk) - Turners & Growers, the fruit marketer controlled by Germany’s BayWa, has agreed to buy Hawke’s Bay-based Apollo Apples for as much as $44.1 million as it looks to meet growing global demand. The Auckland-based company will pay $36.05 million up front...