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CORRECT Hotchin, Watson settle with NZSA, continue to chase Sheppard on defamation
(Fixes Hotchin and Watson's role with Hanover in lead) March 4 (BusinessDesk) – Former Hanover Finance shareholders Mark Hotchin and Eric Watson have settled their defamation suit against the New Zealand Shareholders Association and continue to pursue its former chairman Bruce...
Fonterra to go ahead with Dutch cheese factory partnership
March 4 (BusinessDesk) - Fonterra Cooperative Group, the world's biggest dairy exporter, is going ahead with a plan to build a cheese plant and dairy ingredient factory in the north of the Netherlands with Dutch dairy firm A-ware Food Group. The dairy companies will develop a...
Warehouse buys majority stake in online retailer Torpedo7 for up to $33M
March 4 (BusinessDesk) - Warehouse Group, which reports its first-half profit this week, will spend up to $33 million buying online retailer Torpedo7, just months after buying consumer electronics chain Noel Leeming Group. The country's biggest listed retailer will pay $20 mil...
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