Bell Gully at top of the legal league tables

Press Release – Bell Gully

Key roles in major transactions have cemented Bell Gully’s position as New Zealand’s market leader for mergers and acquisitions. Read more »

Vend and Xero sign global partnership

Press Release – Vend-Xero

Auckland, New Zealand – 21 July 2016 – New Zealand-based, cloud software companies Vend and Xero today announce a new partnership agreement to be preferred providers of services to their customers. The collaboration sees Vend and Xero formally unite … Read more »

ContainerCo to develop new container depot in Hawke’s Bay

Press Release – ContainerCo

ContainerCo (NZL) Limited ( ContainerCo ), the container depot operator, today announced that it will develop a major new container services facility in Hawkes Bay. Read more »

TomTom City extends to 50 cities

Press Release – Tom Tom

Auckland, 21 July 2016 TomTom ( TOM2 ) today announced that TomTom City a traffic portal that provides live traffic and travel information has now extended to 50 cities. The traffic portal showcases the extensive range of traffic information … Read more »

BP introduces in-car payment technology in a NZ first!

Press Release – BP New Zealand

We can probably all agree that the digital experience for service station customers has been lacking (if not non-existent) against a backdrop of rapid global digital innovation. That is, until today. Read more »

Allnex A$1 billion takeover delayed beyond August

Article – BusinessDesk

July 21 (BusinessDesk) – Global resins maker Nuplex Industries says the planned A$1 billion takeover by Allnex is now not likely to take place in August as previously advised because of delays getting anti-trust clearance in the European Union. Read more »

Vital Healthcare raises $160M

Article – BusinessDesk

July 20 (BusinessDesk) – Vital Healthcare Property Trust has raised $160 million after its existing investors took up 87 percent of the units in the two-for-nine renounceable rights offer. Read more »

Vital rights offer successfully closed

Press Release – Vital Healthcare Property Trust

Vital Healthcare Property Trust (Vital) advises that the 2-for-9 pro rata renounceable rights offer, announced on 21 June 2016, was successfully closed yesterday at 5pm. Read more »

Xero to beef up product offer

Article – BusinessDesk

July 20 (BusinessDesk) – Xero will start offering new services as it seeks to transform the platform founded on accounting software into the online portal of choice for small businesses. Read more »

Prendergast deserves huge vote of thanks, says Chamber

Press Release – Wellington Chamber Of Commerce

Kerry Prendergast deserves huge thanks for the contribution she has made to the city, says Wellington Chamber of Commerce Chief Executive John Milford. Read more »

Oceania Natural raises $3.5mn to set up Hong Kong office

Article – BusinessDesk

July 19 (BusinessDesk) – Oceania Natural, the food supplements maker which listed on the NXT at the end of March, has raised about $3.5 million from investors in a joint venture to establish a Hong Kong-based subsidiary. Read more »

Acquisition results in largest Australasia NetSuite practice

Press Release – Fusion5

FOR IMMEDIATE RELEASE JULY 14, 2016Auckland Another strategic move by business applications company Fusion5 adds further depth to their already considerable ERP capabilities. The purchase of BPR Solutions sees Fusion5 set to dominate the NetSuite … Read more »

Oceania Natural forms new Hong Kong joint venture

Press Release – Oceania Group

AUCKLAND, New Zealand, 19 July 2016 – Premium food and supplements company Oceania Natural Limited (NXT: ONL) has secured HK$19.5m in funding to establish Oceania Natural Asia Limited (ONL Asia), a new subsidiary in Hong Kong formed to help accelerate … Read more »

Unlisted Pacific Property Fund seeks to raise $15 mln

Article – BusinessDesk

July 18 (BusinessDesk) – Pacific Property Fund, an unlisted commercial property fund established three years ago, is seeking to raise $15 million selling shares to buy two Auckland properties and fund the construction of a new warehouse in Tauranga … Read more »

Ross Asset Management investors reach $4.5m settlements

Article – BusinessDesk

July 18 (BusinessDesk) – The liquidator of Ross Asset Management has cut deals totalling $4.5 million with 16 investors and is in talks with a number of others about reaching settlements. Read more »

Chinese GDP Data Surprised Investors

Press Release – ThinkForex

Over on Wall Street, the string of record highs is not stimulating enough optimism for investors in Europe. After the horrific attacks in France, investors are anxious about the situation and how it will unfold. Most importantly, the question is what … Read more »

This week on Q+A…

Press Release – TVNZ

1. Stephen Jennings is one of our most successful entrepreneurs. The NBR richlister made his fortune in Russia and is now focused on a rising Africa. In a rare TV interview, he talks about why he thinks NZ is too dependent on trading with China, and the issues … Read more »

The 90-day rule: A small benefit to employers or unemployed

Press Release – Small Business Voice

New Zealand Treasury-commissioned research found that the 90-day trial period has had little effect on business hiring behaviour. The CEO of Small Business Voice, Max Whitehead, says the law is fundamentally flawed. Read more »

Victoria Recreation launches flexible payment plans

Press Release – DebitSuccess

Victoria Recreation launches flexible payment plans Victoria Recreation is offering more flexible membership options, thanks to the support of leading payment solutions business Debitsuccess. As Victoria Recreations membership payment processing partner, … Read more »

Spark sells Mayoral Drive car park to developer

Article – BusinessDesk

July 15 (BusinessDesk) – Spark New Zealand will sell land it had been using for car parking in Auckland for $26.5 million. Read more »

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