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Retail
Healthscope in $550M deal to sell NZ pathology business
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 will each take a 50 percent stake in the Asia Pacific Healthcare Group. The deal...
Retail
New car sales bounce back
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 last month compared to July 2019.MIA chief executive David Crawford put the increas...
Retail
Laybuy CEO Gary Rohloff: 'The banks hate us'
In New Zealand, Laybuy co-founder Gary Rohloff says his company has the lion’s share of the fast-growing buy now, pay later industry.Buy now, pay later has quickly become a consumer staple; what it is, is all in the name. Use it and you can get stuff now, pay the bill later.It is...
Retail
Turners ready to help Kiwis replace almost 1m old clunkers
Turners Automotive Group is gearing itself for the looming requirement for New Zealanders to replace almost 1 million cars over the next few years.The country's largest auctioneer-turned-car-retailer said while the softening of the pre-owned car market last year had continued...
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