Business Scoop


NZME pulls plug on Stuff merger

Article – BusinessDesk

Oct. 24 (BusinessDesk) – A proposed merger between NZME and Stuff is over with the dominant New Zealand newspaper publishers deciding against taking their case to the Supreme Court. Read more »

Steel & Tube fined $1.885 million for misrepresentations

Press Release – Commerce Commission

Steel & Tube Holdings Limited (Steel & Tube) has been fined a record $1.885 million for breaching the Fair Trading Act by making false and misleading representations about its steel mesh products which are used in construction to provide strength … Read more »

Findings in the 2018 State of eCommerce Report released

Press Release – Neto

2018 will be known as the year ecommerce cemented its position as the future of retail in Australia according to new data released in the Neto 2018 State of eCommerce Report revealing significant year-on-year online sales growth for the vast majority … Read more »

Buoyant sentiment in Pacific businesses

Press Release – Pacific Islands Trade and Invest

Pacific Island businesses are generally in a buoyant mood, as indicated by an inaugural quarterly survey of businesses in the region. Read more »

Fund to foster new start-up ecosystem initiatives

Press Release – Enterprise Dunedin

A $50,000 contestable fund for new Dunedin business start-up initiatives has been launched by the Grow Dunedin Partnership and Enterprise Dunedin. Read more »

Infratil considers sale of Perth Energy

Article – BusinessDesk

Oct. 23 (BusinessDesk) – Infratil has hired Gresham Partners to advise it on the potential sale of its controlling stake in Perth Energy. Read more »

Tourism Holdings in talks to sell units

Article – BusinessDesk

Oct. 23 (BusinessDesk) – Tourism Holdings is in talks to sell some of its New Zealand businesses, including the Kiwi Experience. Read more »

$40 mln takeover for Chch-based SLI Systems

Article – BusinessDesk

Oct. 23 (BusinessDesk) – Texas software investor ESW Holdings is offering more than twice the current market price to buy Kiwi e-commerce software seller SLI Systems for more than $40 million. Read more »

HRV fined over water filter claims

Press Release – Commerce Commission

HRV Clean Water Limited (HRV) has been fined $440,000 after pleading guilty to making unsubstantiated claims about the benefits of its water filters and for making misleading claims about the quality of New Zealands home water supply. The fine was issued … Read more »

BitPrime Cryptocurrency Price Update

Press Release – BitPrime

Cryptocurrency Market Market capitalisation yesterday: NZD$322,649,287,514 Market capitalisation today: NZD$318,862,170,993 Change: -1.17% Read more »

Novotech and CNS deal expands CRO services

Press Release – CNS

Asia-Pacific CRO Novotech has acquired Australasian specialist CRO Clinical Network Services (CNS), with a mutual mission to expand services SYDNEY, Oct 19, 2018 – (ACN Newswire) – Novotech, the largest Asia-Pacific-based CRO, has acquired Australasian … Read more »

Deloitte New Zealand announces partnership with Dell Boomi

Press Release – Deloitte

19 October 2018 Deloitte has today launched its Dell Boomi offering in New Zealand. Dell Boomi integration Platform as a Service (iPaaS) enables customers to integrate cloud and on-premise applications, data and people, ensuring easy, fast and secure … Read more »

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