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Sky TV drops 'puck' deployment
By Gavin Evans June 25 (BusinessDesk) - Sky Network Television has dropped plans to deploy hardware it developed to offer its channels over the internet. Chief executive Martin Stewart says the firm wants everyone to be able to access its content in the way that suits them...
Services
Arvida Group to buy villages for $180m with new equity and debt
By Rebecca Howard June 25 (BusinessDesk) - Arvida Group is buying a portfolio of villages for $180 million and will fund the purchase through a combination of new equity and debt. The retirement home operator said it has reached a deal to buy Bethlehem Country Club and Beth...
Services
Citic gets seat at Tourism Holdings in $80 mln capital raising
By Paul McBeth June 24 (BusinessDesk) - Chinese investment manager Citic Capital will get a seat on Tourism Holdings' board, paying full price to lift its stake in the rental RV operator as part of an $80 million capital raising. Citic, which oversees US$26 billion of asse...
Opinion
Jenny Ruth: ANALYSIS: Grand Vista for cinema software expansion
By Jenny Ruth June 24 (BusinessDesk) - Vista Group has mightily rewarded investors since its November 2014 float, the share price having risen more than fivefold. And unlike so many technology companies, Vista was already profitable before it listed and has grown revenue at...
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