Business Scoop


Fonterra’s Farm Source™ to Sell Livestock Division

Press Release – Fonterra

Fonterra has today announced that it will sell the Farm Source livestock division to Carrfields Livestock an established livestock agency provider. Read more »

Statement of Preliminary Issues released for Knauf/USG

Press Release – Commerce Commission

The Commerce Commission has published a statement of preliminary issues relating to an application by Gebr. Knauf KG and USG Corporation seeking clearance to merge. Read more »

Fletcher’s Three Kings quarry may be for sale for $150m

Article – BusinessDesk

Jan. 9 (BusinessDesk) – Fletcher Building has confirmed it is receiving both solicited and unsolicited bids for its Three Kings quarry development, in response to rumours that it may be looking to sell the Auckland site for $150 million Read more »

Optimation partners with low-code innovator OutSystems

Press Release – Optimation

Leading digital technology solutions provider Optimation has partnered with OutSystems to help government and corporate customers speed up delivery of business applications. OutSystems low-code development platform, coupled with Optimations design thinking … Read more »

Rafting NZ & Lake Rotoaira Forest Trust Join Forces

Press Release – Rafting New Zealand

Rafting New Zealand signs agreement with Lake Rotoaira Forest Trust of Ngti Twharetoa Read more »

Esports media company LPL acquires Australian company

Press Release –

LPL is extremely excited to announce their acquisition of CyberGamer, which kicks off a whirlwind year of esports in 2019. The sale was completed on the 13th of December 2018. Read more »

Govt MP jumps queue in bid for banking code of conduct

Article – BusinessDesk

Government backbencher Kieran McAnulty has jumped the queue in trying to impose a code of conduct on banks with a private members’ bill lodged just before Parliament’s seven-week summer break. Read more »

MBIE quietly reopens Chinese steel subsidy probe

Article – BusinessDesk

Dec. 21 (BusinessDesk) – The Ministry of Business Innovation and Employment has officially reopened its investigation into whether China unfairly subsidises its steel exports, three months after the High Court ordered it back to the drawing board. Read more »

Ixom seeks clearance to acquire chemicals plant from Oji

Press Release – Commerce Commission

The Commerce Commission has received a clearance application from Ixom Operations Pty Limited to acquire chemical manufacturing assets in Kawerau from Oji Fibre Solutions (NZ) Limited. Read more »

Vensa Health tops off a successful year with PMAANZ event

Press Release – Vensa Health

Vensa Health have topped off a successful year with the hosting of the Auckland Practice Managers and Administrators of New Zealand (PMAANZ) Christmas gathering and final branch meeting for 2018. The day, which was well attended by Practice Managers, … Read more »

OIO cuts deal with Wrightson shareholder Agria

Article – BusinessDesk

Dec. 20 (BusinessDesk) – The Overseas Investment Office has cut a deal with PGG Wrightson cornerstone shareholder Agria over the Singaporean firm’s good character, agreeing to let it cede control of the rural services firm and face a court-imposed fine. Read more »

OIO reaches settlement after investigating Agria Singapore

Press Release – Overseas Investment Office

The Overseas Investment Office (OIO) has reached a settlement agreement following its investigation into the good character of Agria Singapore and former PGG Wrightson chair Alan Lai. Read more »

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