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Synlait Milk jumps 19 percent  in NZX debut after raising $75M without general public offer

Synlait Milk jumps 19 percent in NZX debut after raising $75M without general public offer

July 23 (BusinessDesk) – Synlait Milk jumped 19 percent in its NZX debut after raising $75 million in an initial public offering that was restricted to clients of brokers and institutional investors. The shares first traded at $2.62 compared with the IPO price of $2.20. They we...

22 Jul 2013
Wynyard buys UK-based MHA Gateway service after Friday listing

Wynyard buys UK-based MHA Gateway service after Friday listing

By Paul McBeth July 23 (BusinessDesk) - Wynyard Group, which raised $65 million as part of its NZX listing on Friday, has bought UK-based MHA Gateway’s anti-financial crime service for an undisclosed sum. The intelligence software developer bought the intellectual property, c...

22 Jul 2013
Warehouse firms up plans to pay more for staff with training, long service

Warehouse firms up plans to pay more for staff with training, long service

By Tina Morrison July 23 (BusinessDesk) – Warehouse Group, New Zealand’s biggest listed retailer, has firmed up plans to improve its workforce with better training and longer service rewarded with higher pay. Starting Aug. 1, Warehouse will introduce a ‘career retailer wage’ f...

22 Jul 2013