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SkyCity's $300m insurance cheque offset by impairment charge
Retail

SkyCity's $300m insurance cheque offset by impairment charge

SkyCity has revised its earnings guidance as it expects a better insurance payout from the Auckland international convention centre fire to be partly offset by an impairment charge on its Adelaide casino.The casino and hotel operator said it will report higher earnings for the 12...

Dan Brunskill 20 Aug 2020
Hallenstein shares jump 20% as online sales ease covid blues
Retail

Hallenstein shares jump 20% as online sales ease covid blues

Hallenstein Glasson shares jumped 20 percent after the clothing chain said online channels helped keep annual sales stable through the pandemic lockdowns.  The stock hit a three-month high $4.30, and was recently up 19.5 percent at $4.10, after the company said sales were up 0...

Dan Brunskill 19 Aug 2020
Laybuy shareholders to pocket A$40m in ASX listing
Retail

Laybuy shareholders to pocket A$40m in ASX listing

Laybuy shareholders will take some money off the table in an A$80 million initial public offering on the ASX this month.

Rebecca Howard 11 Aug 2020
Healthscope in $550M deal to sell NZ pathology business
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...

Rebecca Howard 04 Aug 2020