Retail
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Retail
Graeme Hart to float part of packaging empire in US$1.37b IPO
Kiwi billionaire Graeme Hart is looking to raise up to US$1.37 billion selling part of his packaging empire in an initial public offering. Reynolds Group Holdings last year said its second-largest division - Reynolds Consumer Products - had confidentially submitted a draft IPO re...
Retail
Electric Kiwi passes 50,000 customers, urges faster reform
Power retailer Electric Kiwi is celebrating having signed up its 50,000th customer five years after its first but is complaining at the slow pace of implementing last year's electricity price review recommendations.The company is highlighting its offer of a daily free hour of off...
Retail
NZ's Laybuy looks to deeper Aussie market for listing
New Zealand buy now, pay later provider Laybuy plans to list on the Australian stock exchange by May as it looks to benefit from a trail blazed by Afterpay. The aim is to raise around A$45 million in an initial public offering, following a pre-IPO capital raising of A$10 million...
Retail
Investore shareholders query elderly Countdown supermarket purchase
Investore Property shareholders were reassured an ageing Countdown supermarket in Auckland’s Mount Wellington was a good addition to its $750.6 million portfolio at a vote on its acquisition today. The supermarket is located in one of three properties the listed company has sough...
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