Services

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More than 30 sharks had been circling Abano before BGH's $5.70 offer
Listed Companies

More than 30 sharks had been circling Abano before BGH's $5.70 offer

Abano Healthcare's board identified and attracted interest from more than 30 parties before agreeing to back a takeover via a scheme of arrangement by private equity firm BGH Capital and the Ontario Teachers' Pension Plan Board. Independent valuer KordaMentha said the $5.70 pe...

Jenny Ruth 14 Feb 2020
UPDATED: Hackers steal photo ID of 10,000 Generate KiwiSaver customers
Finance

UPDATED: Hackers steal photo ID of 10,000 Generate KiwiSaver customers

Hackers stole photographic ID for some 10,000 of the 26,000 Generate KiwiSaver customers affected by a raid on the most sensitive part of its website over the Christmas/New Year period.The company clarified today that while 26,000 of the 90,000 Generate accounts opened over the l...

Pattrick Smellie 13 Feb 2020
Keep ad revenue in merged TVNZ/RNZ, says TV boss
Policy

Keep ad revenue in merged TVNZ/RNZ, says TV boss

A merger between the advertising-free Radio New Zealand and its commercially driven state-owned cousin Television New Zealand should take a mix of both private advertising and government funding, says TVNZ's chief executive, Kevin Kenrick."If this is going to be an entity that is...

Pattrick Smellie 13 Feb 2020
Hackers steal photo ID and tax codes from 26,000 Generate KiwiSaver customers
Finance

Hackers steal photo ID and tax codes from 26,000 Generate KiwiSaver customers

Hackers have stolen photographic identification, tax department numbers, and personal names and addresses of some 26,000 customers of boutique KiwiSaver provider Generate in a Christmas holidays raid that targeted the most sensitive part of its website.In a statement earlier toda...

Pattrick Smellie 12 Feb 2020