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Death knell for power companies' customer 'win-back' tactics
Proposed new regulations will effectively kill off electricity companies' practice of wooing back departing customers with generous 'win-back' offers. The Electricity Authority is consulting on a proposed 180-day ban on "retailer-initiated saves and win-backs" after a customer...
Services
Australia's Kirwood Capital gets seat at Harmoney board
Boutique Australian private equity firm Kirwood Capital will play a hands-on role at Harmoney Corp after paying $15 million for a 13.4 percent stake in the peer-to-peer lender and getting a seat on the board. Harmoney last week raised $25 million of new equity from Kirwood and Ne...
Services
Chorus open-minded on owning mobile network assets
Chorus is keeping an open mind about investing in mobile network assets as the 5G internet revolution approaches, but is not commenting on analysis suggesting it could be a buyer for assets built by New Zealand's third-largest mobile player, 2Degrees."There is increasing converge...
Services
Freightways buys Big Chill Distribution for at least $117m
Freightways will have something to talk about at tomorrow's annual meeting after it announced a $117 million acquisition of Bill Chill Distribution, which operates a fleet of more than 200 refrigerated trucks and trailers. The NZX-listed courier and information management company...
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