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Why Rakon’s $390m takeover failed
Markets Exclusive

Why Rakon’s $390m takeover failed

A bid came in valuing Rakon at $1.70 a share. Due diligence dashed hopes of a deal.

Developer linked to liquidated firm accused of evading debt
Property

Developer linked to liquidated firm accused of evading debt

A company with the same director was liquidated by its subcontractor in February.

Gregor Thompson 01 May 2025
NZ sharemarket drops as US market rallies
Markets Market Close

NZ sharemarket drops as US market rallies

The S&P/NZX 50 Index closed down 1.02% or 122.14 points.

Tom Raynel 30 Apr 2025