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Government pitches greener growth alongside oil and gas push
By Pattrick Smellie Dec. 11 (BusinessDesk) - The government is committing to improving the quality of New Zealand's natural resource base at the same time as pushing more intensive agriculture and more extraction of minerals, oil and gas to accelerate economic growth. The lates...
DNZ boss Duffy cashes in at share price peak with $1.65M sale
By Paul McBeth Dec. 11 (BusinessDesk) - DNZ Property Fund chief executive Paul Duffy sold 9.9 percent of his stake in the property investor worth $1.65 million, cashing in as the share price tests record-highs since listing two years ago. Duffy sold 964,150 shares at an averag...
L and M Energy chairman Loudon exceeds 80 percent acceptance in takeover offer
Dec. 11 (BusinessDesk) – L&M Energy chairman and creditor Geoff Loudon has drawn more than 80 percent acceptances for his takeover offer. Loudon’s New Dawn Energy has acceptance for 80.4 percent of L&M, according to a substantial shareholder notice yesterday. It needs to get to...
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