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Cottonsoft narrows loss in 2012, gets smaller advance from parent
July 3 (BusinessDesk) – Cottonsoft, the toilet tissue maker working to repair its reputation after criticism of parent Asia Pulp & Paper’s tropical rainforest logging, narrowed its loss in 2012 and took a smaller shareholder advance, its accounts show. The net loss was $1 milli...
Christchurch City to vote on Crown manager after consenting fiasco; CEO takes leave
July 3 (BusinessDesk) – Christchurch City Council will vote tomorrow on a government-appointed Crown manager and chief executive Tony Marryatt has taken leave after the city lost its ability to issue building consents. International Accreditation New Zealand, a government body...
Griffin’s posts biggest annual profit under PEP owners in 2012; no immediate plans to sell
By Paul McBeth July 3 (BusinessDesk) - Griffin’s Foods, the maker of Gingernuts, Mellow Puffs and Huntley & Palmers crackers and Eta brand snacks, last year posted its biggest annual profit under Australian private equity owners, who have no plans to cash up in the immediate fu...
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