Business Scoop


Infratil’s Vodafone purchase cleared by Commerce Commission

Article – BusinessDesk

July 11 (BusinessDesk) – Infratil’s plan to buy up to 50 percent of Vodafone New Zealand has been cleared by the Commerce Commission. Read more »

Clearance for Infratil to acquire shares in Vodafone

Press Release – Commerce Commission

The Commerce Commission has granted clearance for Infratil Limited to acquire up to 50% of the shares in Vodafone New Zealand Limited. Read more »

OGOG offers 25% premium in NZOG buyout

Article – BusinessDesk

July 10 (BusinessDesk) – OG Oil & Gas has offered a 25 percent premium to buy out minority holders in New Zealand Oil and Gas. Read more »

More focus needed on business with Asia

Press Release – Business New Zealand

This years Perceptions of Asia report demonstrates the importance of business links between New Zealand and Asia, says BusinessNZ. Read more »

LOGOS partners with AustralianSuper for the development

Press Release – LOGOS

LOGOS is pleased to announce it has established a new partnership with AustralianSuper for the development of the Wiri Logistics Estate in Auckland, New Zealand. LOGOS acquired this 10 hectare Wiri site in July 2018 and commenced the development of … Read more »

Commission alleges irresponsible lending by Moola

Press Release – Commerce Commission

The Commerce Commission is to commence High Court proceedings against NZ Fintech Limited (trading as Moola) alleging that it has breached the lender responsibility principles contained in the Credit Contracts and Consumer Finance Act 2003 (CCCFA). Read more »

AFT signs licensing deal for Pascomer treatment

Article – BusinessDesk

July 5 (BusinessDesk) – AFT Pharmaceuticals is eyeing a US$10 million payment from a North America licensing deal but is keeping its earnings guidance unchanged for now. Read more »

TruScreen’s $2M bookbuild extended

Article – BusinessDesk

July 4 (BusinessDesk) – Potential investors in TruScreen want to see chief executive Martin Dillon in person before backing a $2 million capital raising. Read more »

Dentsu Aegis Network acquisition of NZ-based Davanti

Press Release – Dentsu Aegis Network

Dentsu Aegis Network has today announced the acquisition of Davanti Consulting Ltd (Davanti), a New Zealand-based technology and business consultancy into Isobar Group. The acquisition follows the recent rebranding of Little Giant as Isobar New Zealand, … Read more »

Agria in for $104 mln payday in Wrightson capital return

Article – BusinessDesk

July 4 (BusinessDesk) – Chinese agricultural firm Agria will pocket almost $104 million in PGG Wrightson’s $234 million capital return. Read more »

Pushpay launches bookbuild to sell $45.3 m stake in company

Article – BusinessDesk

July 3 (BusinessDesk) – Digital church collection payment operator Pushpay Holdings has launched a fully underwritten bookbuild to sell 12.24 million shares, or 4.45 percent of issued capital, as former chief executive Chris Heaslip transitions to … Read more »

Westland Shareholders Urged Not To Sell

Press Release – Social Credit

Social Credit is urging farmers attending the Westland Milk shareholders meeting tomorrow to vote against the sale of the company to Chinese government owned Yili. Read more »

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