Laybuy shareholders to pocket A$40m in ASX listing
By Rebecca Howard | Tue, 11 Aug 2020
Laybuy shareholders will take some money off the table in an A$80 million initial public offering on the ASX this month.The New Zealand buy now, pay later provider is offering the shares at A$1.41 api...
Healthscope in $550M deal to sell NZ pathology business
By Rebecca Howard | Tue, 04 Aug 2020
Australia’s Healthscope has inked a deal to sell its New Zealand pathology business to the NZ Super Fund and Ontario Teachers’ Pension Plan Board for more than $550 million. The two pension funds w...
New car sales bounce back in July
By Andy Fyers | Tue, 04 Aug 2020
July was a surprisingly strong month for new vehicle sales, with total sales up on the same time last year.Motor Industry Association (MIA) figures show there were 366 more new vehicles registered las...
Goodman Fielder, Pams recall cheeses on listeria scare
By Brent Melville | Sat, 25 Jul 2020
The as yet unconfirmed presence of listeria at a South Canterbury cheese factory has resulted in Puhoi Valley, Ornelle, Bouton D’Or, Talbot Forest, Gibbston Valley and Pams Finest cheese brands being...
Cavalier moves ahead with woolly strategy
By Brent Melville | Thu, 23 Jul 2020
Cavalier Corp said a positive trading period in June and cost controls helped it reduce bank debt to historical lows of $14.5 million and that it was shifting to an all-natural fibres strategy. In...
Delegat profits up 37%
By Victoria Young | Thu, 16 Jul 2020
Wine maker Delegat Group's unaudited profit after tax for the year to June 30 rose 37 percent to $64.1 million, the company reported. The figure includes fair value movements in its vines and deriv...
NZ consumers still opening their wallets; govt's cut beats forecast
By Rebecca Howard | Fri, 10 Jul 2020
A solid jump in retail spending and higher-than-forecast sales tax revenue point to consumers being in good heart. Seasonally adjusted retail card spending jumped 16.3 percent in June compared to M...