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Pushpay lifts profit guidance
Services

Pushpay lifts profit guidance

Pushpay Holdings has lifted its guidance for annual operating profit by US$2 million, despite the turmoil affecting the economy of its key United States market. The company, which provides church management technology including donation facilitation, now expects earnings befor...

Jenny Ruth 18 Jun 2020
How SkyCity ensured all shareholders were treated fairly in $230m capital raising
Services

How SkyCity ensured all shareholders were treated fairly in $230m capital raising

SkyCity Entertainment Group stared down its merchant bankers to ensure its existing shareholders were able to access their fair share of its $230 million capital raising. That resulted in key differences from other recent capital raisings, including setting a firm price on the...

Jenny Ruth 18 Jun 2020
Mercury Capital buys Bauer’s Australasian magazines
Services

Mercury Capital buys Bauer’s Australasian magazines

Mercury Capital has bought Bauer Media’s unwanted trans-Tasman magazine portfolio, according to Australian media reports.The German publisher confirmed the sale, without disclosing the price, after the Australian Financial Review’s Street Talk column reported that the private equ...

Paul McBeth 17 Jun 2020
Liquidator criticised for overcharging
Services

Liquidator criticised for overcharging

A High Court judge has slashed a liquidator’s bill by 70 percent, after finding she billed for unnecessary work.

Victoria Young 17 Jun 2020