All News
CORRECTION: Allied Nationwide extends term for loan to parent
(corrects to identify Allied Nationwide Finance as borrower) June 25 (BusinessDesk) - Allied Nationwide Finance, in receivership has agreed to extend a $13.4 million loan to its parent Allied Farmers for a year. Meanwhile, Allied Farmers expects to write off a further $1.8 mill...
MARKET CLOSE: NZ shares rise as Fonterra farmers approve TAF
By Hannah Lynch June 25 (BusinessDesk) - New Zealand shares rose led by Heartland and the NZX, after Fonterra Cooperative Group’s farmers confirmed the creation of tradable securities linked to dairy co-operative. The NZX 50 index rose 1.92 points, or 0.5 percent, to 3401.12....
NZ Post ends JV with DHL after 8 years
June 25 (BusinessDesk) - New Zealand Post said it is ending its joint-venture courier arrangements with DHL after eight years by buying its partner out. NZ Post will buy DHL's 50% share of their joint-ventures Express Couriers in New Zealand and Parcel Direct Group which owns Co...
Prev
