Up to $300M in earn-outs available to Compac vendors

Article – BusinessDesk

Feb. 28 (BusinessDesk) – The New Zealand founders and former shareholders of the Compac fruit sorting company are in line for up to $230 million in earn-out payments on top of the $70 million paid for the company by the Norwegian food, recycling and … Read more »

Air New Zealand and Cathay Pacific extend alliance

Press Release – Air New Zealand

Air New Zealand and Cathay Pacific have extended their strategic alliance partnership on services between New Zealand and Hong Kong for a further five years through until 2022. Read more »

Air New Zealand welcomes four new Airpoints™ partners

Press Release – Air New Zealand

Air New Zealands Airpoints programme continues its strong growth, with Ranstad, MoleMap, The Economist and Exeed Limited the latest to join the airlines expanding network of businesses giving members more ways to earn. The number of businesses … Read more »

ASX-listed Southern Cross Media keen on NZME’s radio empire

Article – BusinessDesk

Feb. 27 (BusinessDesk) – ASX-listed Southern Cross Media Group has confirmed it’s keen on NZME’s New Zealand radio empire, The Radio Network, and has let the Kiwi company know so. Read more »

Vital announces two off-market hospital acquisitions

Press Release – Vital Healthcare Property Trust

Vital Healthcare Property Trust (Vital) today announced the acquisition of a 30-bed private mental health hospital in Western Australia for A$20.0m and a 31-bed private surgical hospital in Auckland for $33.0m. Although acquired separately, the combined … Read more »

Solutions Portfolio, More Value Throughout Supply Chains

Press Release – CHEP

AUCKLAND 27 February 2017 CHEP New Zealand has today announced a new range of solutions designed to help customers transform their supply chains for sustainable, long-term change. Read more »

Conditions ripe for corporate activity but buyers cautious

Press Release – Simpson Grierson

Simpson Grierson corporate partner Andrew Matthews says 2016 was a strong year for corporate activity, and conditions suggest this will continue in 2017. Read more »

Air New Zealand more upbeat about future

Article – BusinessDesk

Feb. 23 (BusinessDesk) – Air New Zealand expects revenues to improve over the second half and into the following financial year as competition shows signs of stabilising. Read more »

Alpine Energy announces new pricing

Press Release – Alpine Energy

With distribution charges typically accounting for around26% of electricity bills in South Canterbury, the new pricing will translate to an average increase of 2.3% for local businesses and residences. Read more »

A Digital Union: Union Digital joins DT

Press Release – WPP AUNZ

Auckland, February 23, 2017: Designworks Groups full service digital agency Union Digital has expanded its capability and global reach by announcing it is joining forces with fellow WPP AUNZ digital agency, DT, the regions largest creative technology … Read more »

Investors wipe nearly $300M off Sky TV valuation

Article – BusinessDesk

Feb. 23 (BusinessDesk) – Sky TV Network Television shares were hammered when trading opened on the New Zealand stock exchange this morning, with investors wiping $293 million off the value of the pay-TV provider after this morning’s rejection of its … Read more »

Premium sports monopoly key to Sky-Vodafone merger rejection

Article – BusinessDesk

Feb. 23 (BusinessDesk) – Ownership of all premium sports content by a strongly vertically integrated pay-TV and full-service telecommunications provider is the key reason for the Commerce Commissions rejection of the proposed merger between … Read more »

ComCom declines merger over competition fears

Article – BusinessDesk

Feb. 23 (BusinessDesk) – The Commerce Commission has rejected an application by Sky Network Television and Vodafone New Zealand to merge their businesses over fears it would stifle competition, with a key factor being its ownership of premium sports … Read more »

Consumers are beneficiaries of decision to turn down merger

Press Release – Spark NZ

Spark New Zealand said today the Commerce Commissions decision to decline the proposed merger between Sky Network Television Ltd (Sky) and Vodafone New Zealand (Vodafone) is a big positive for kiwi consumers. Read more »

InternetNZ comment on merger clearance decision

Press Release – Internet NZ

InternetNZ has responded to this mornings decision by the Commerce Commission to deny Commerce Act clearance for the proposed merger of Vodafone and Sky. Read more »

Sky Vodafone merger decision was a fight worth having

Press Release – 2degrees Mobile

Todays decision by the Commerce Commission to decline the proposed merger of Vodafone and Sky highlights the importance of protecting competition especially a three player mobile market. Read more »

Ports of Auckland holds first-half dividend unchanged

Article – BusinessDesk

Feb. 22 (BusinessDesk) – Ports of Auckland will pay its owner, Auckland Council, an unchanged first-half dividend even as profit fell and debt rose. Read more »

InternetNZ comment on Sky merger clearance decision

Press Release – Internet NZ

InternetNZ has responded to this mornings decision by the Commerce Commission to deny Commerce Act clearance for the proposed merger of Vodafone and Sky. Read more »

Vodafone disappointed proposed merger declined

Press Release – Vodafone

Vodafone New Zealand and Vodafone Group Plc (LSE: VOD) were today advised the New Zealand Commerce Commission declined the proposed merger of Vodafone New Zealand with SKY Network Television Ltd (ASX and NZX: SKT). Read more »

Commission declines clearance for Vodafone/Sky merger

Press Release – Commerce Commission

The Commerce Commission has declined to grant clearance for the proposed merger of Sky Network Television and Vodafone New Zealand. Read more »

Next Page »