GXH: Response
29 September 2021
Response to speculation
Green Cross Health refers to speculation in the Australian media about its participation in a process to acquire Tamaki Health. Green Cross Health advises that it is working with Pacific Equity Partners (PEP) in that process, as the media speculates. The process is in its early stages.
The nature and terms of any transaction for the acquisition of Tamaki Health have yet to be determined. There is no certainty that Green Cross Health will be the successful party or that any transaction will be concluded.
Green Cross Health confirms it is in compliance with its continuous disclosure obligations.
ENDS
Contact:
Rachael Newfield
rachael.newfield@gxh.co.nz
Ben Doshi
ben.doshi@gxh.co.nz
Markets News
The Financial Markets Authority has been reviewing ESG-labelled funds and is expected to ratchet up its enforcement of any unable to back up their claims.
Jarden wealth management director Greg Main said Eroad was continuing its “recent recovery” and rising strongly after being heavily sold down.
The Chinese market for over-the-counter medicines is the world’s second-largest behind the US and was growing rapidly, the AFT Pharmaceuticals managing director said.
The church management software firm hasn't been distracted by the takeover talk.
The New Zealand dollar fell to 61.59 US cents at 5pm this evening – the lowest it has been since May 2020.
The creators of a voluntary carbon credit and platform to trade them stand by their product.
Investors sought refuge from volatile equity markets by buying bonds and ETFs in June.
Synlait's new forecast brings it in line with Fonterra.
Unlike many start-ups, Supie has big competitors already expanding their services to defend against disruption.
Longer-term, the cloud strategy is expected to lift per-site revenue by more than 2.5 times and fatten margins by about 40%.
The RBA’s hike was widely expected to be either in the 25bp or 50bp camp so the decision to go with a 50bp jump didn’t come as a huge surprise.
“The kiwi dollar is always going to be like a cork on the waves of global sentiment,” independent treasury adviser Peter Cavanaugh said.
The fallout from Australian money laundering investigations into casino operators Crown and Star Entertainment has put SkyCity's Adelaide property in the regulatory cross-hairs.
Foreign fund managers are often careless about filing substantial shareholder notices but the available remedies have never been used.
Spreading your money through good quality companies, then leaving it alone for a few years is the boring but most likely way to build wealth for most of us.
One analyst said market participants will be glad to see the back of the turbulent second quarter.
Young property guns Jasper are taking their 'sharesies' style property investment model into a more marketable terrain.
Interest rates have skyrocketed in 2022 and sent share prices plunging.
Fleet management company Eroad dropped 3.4% to $1.42 today – its lowest share price since 2016.
After a troubled start, a new carbon trading platform says it will resume operations next week.
The salmon farmer scotched rumours in Australian media it's up for sale.
The owner of BusinessDesk has hit a new high, with even more customers choosing to subscribe.
Indonesian coal prices are now one of the main drivers of wholesale electricity prices in NZ.
A survey showed US consumer confidence was at its lowest since 2013.