Possible breach of code in 2013 New Image takeover
By Rebecca Howard | Mon, 10 Aug 2020
A takeover of New Image Group by New Image Trustee in 2013 may have breached the Takeovers Code.In February 2013, New Image Trustee made a full takeover offer for all of the voting securities in New I...
Farmers to get $122m in fertiliser cheques
By Brent Melville | Wed, 05 Aug 2020
Fertiliser heavyweights Ballance Agri-Nutrients and Ravensdown have fought their way through the covid-19 response, kicking back rebates of $54 million and $68 million respectively to farmer-sharehold...
Sanford to close processing plant, cut 65 jobs
By Dan Brunskill | Wed, 05 Aug 2020
Sanford will close its Tauranga fish processing plant and cut 65 jobs in response to to reduced processing volumes and new earthquake building standards. The covid-19 pandemic has resulted in proce...
Log export prices down, but kiwifruit could prop up local demand
By Brent Melville | Wed, 05 Aug 2020
Wharf gate returns for New Zealand logs are 12 percent below the five-year average on the back of overstocking, the summer slowdown in China and as spruce logs are being dumped into Asia from Europe....
Fonterra favours wood over electricity for emission reduction
By Gavin Evans | Tue, 04 Aug 2020
Fonterra favours wood over electricity for reducing emissions from its South Island plants. The country’s biggest dairy processor said using electricity to convert its South Island plants from coal...
Waikato's BBC to double tech staff with $14m R&D centre
By Dan Brunskill | Fri, 31 Jul 2020
BBC Technologies wants to more than double the size of its team developing an artificial intelligence blueberry sorting system with a $14 million investment in a new research and development facility....
