Metlifecare confident takeover going ahead; Augusta deal canned
By Paul McBeth | Thu, 26 Mar 2020
Metlifecare says the $1.49 billion takeover bid from European buy-out firm EQT is still on the table, although investors don’t appear to agree, as the shares slumped 19.1 percent. And while Augusta...
Restaurant Brands, Moa shut NZ restaurants
By Jenny Ruth | Wed, 25 Mar 2020
Restaurant Brands said it has closed all 148 stores in New Zealand operating under the KFC, Pizza Hut, Carl's Jr and Taco Bell brands and Moa Group said it has closed all its hospitality venues becaus...
Sky TV, Scales and Sanford soldier on as essential businesses
By Jenny Ruth | Wed, 25 Mar 2020
Fishing company Sanford, apple marketer Scales and Sky Network Television have all been classed as essential services and will continue operating through the national lockdown aimed at stemming the sp...
Nanny agency aims to provide childcare to essential workers
By Jenny Ruth | Tue, 24 Mar 2020
An agency that normally specialises in matching au pairs with families is working to assist families of workers performing essential services with children at home because of the coronavirus crisis.Th...
NZX companies closing down operations, estimating disruption costs
By Jenny Ruth | Tue, 24 Mar 2020
A raft of listed companies, including Precinct Properties, Kiwi Property, Metro Performance Glass, Evolve Education and Abano Healthcare's Lumino dental clinics, are closing down operations ahead of N...
SkyCity scraps guidance and shuts Adelaide casino; shares hit all-time low
By Victoria Young | Mon, 23 Mar 2020
SkyCity Entertainment Group has withdrawn its annual earnings guidance as it shuts down its Adelaide Casino and prepares to close its New Zealand operations.Shares in the casino operator plunged to an...