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Telco law review reignites content debate
By Paul McBeth Oct. 18 (BusinessDesk) - Communications Minister Amy Adams’ review of law governing the telecommunications sector has reignited the debate as to whether content will be a major driver for consumers to jump on to fibre services. Access and availability of premiu...
Summerset shares gain 2.6 percent after Quadrant sells remaining stake for $155 million
By Tina Morrison Oct. 18 (BusinessDesk) – Shares in Summerset Group Holdings climbed 2.6 percent after Australia’s Quadrant Private Equity sold down its remaining stake in the New Zealand retirement operator and developer for $155 million. Summerset shares rose 8 cents to $3.2...
Pengxin, Synlait founders make $85.7 mln offer to take over Synlait Farms
By Paul McBeth Oct. 18 (BusinessDesk) - Shanghai Pengxin, which bought the Crafar family farms in a controversial deal last year, and the Synlait founders are offering $85.7 million to buy South Island dairy farmer Synlait Farms. SFL Holdings, a joint venture between Pengxin...