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Fonterra board to set up separate risk committee after food scare review

Fonterra board to set up separate risk committee after food scare review

By Paul McBeth Oct. 29 (BusinessDesk) - The board of Fonterra Cooperative Group will establish a separate committee to oversee risks facing the dairy group in the wake of the false alarm food scare that prompted a precautionary recall in August. The company’s board will carve...

29 Oct 2013
UPDATED Meridian debuts at $1.08 after tepid IPO lures smaller pool of kiwis

UPDATED Meridian debuts at $1.08 after tepid IPO lures smaller pool of kiwis

(Updates shares, adds investor comment in third paragraph) Oct. 29 (BusinessDesk) - Meridian Energy’s instalment receipts debuted at $1.08 after tepid demand in the initial public offering saw the stock sold at the bottom end of its indicative range and with a smaller-than-expe...

29 Oct 2013
Meridian gains to $1.08 in NZX debut after tepid IPO lures smaller pool of kiwis

Meridian gains to $1.08 in NZX debut after tepid IPO lures smaller pool of kiwis

Oct. 29 (BusinessDesk) - Meridian Energy’s instalment receipts debuted at $1.08 after tepid demand in the initial public offering saw the stock sold at the bottom end of its indicative range and with a smaller-than-expected pool of investors. The shares were offered in instalme...

29 Oct 2013