Ballet and potters star in national charity reporting awards

Press Release – Chartered Accountants Australia and New Zealand

Charities ranging from the Royal New Zealand Ballet to a small Hamilton pottery collective picked up prizes today [2 Nov] at the New Zealand Charity Reporting Awards. Read more »

Court confirms first ever jail sentence in Commission case

Press Release – Commerce Commission

The Commerce Commission welcomes the Court of Appeals decision to dismiss Vikram Mehtas appeal against his jail sentence. Read more »

Fairfax NZ buys out profitable Neighbourly

Article – BusinessDesk

Nov. 1 (BusinessDesk) – Fairfax New Zealand, which is rebranding it as its flagship news website Stuff, has taken control of the hyper-local Neighbourly website for an undisclosed sum in what’s emerging as an alternative strategy for the media group … Read more »

Electricity regulator sees long future for Tiwai Point

Article – BusinessDesk

Nov. 1 (BusinessDesk) – New Zealand’s abundant renewable electricity may be the saviour of the Tiwai Point aluminium smelter, attract energy-intensive industries to New Zealand and eventually see electricity exported across the Tasman Sea to Australia, … Read more »

Native Tongue Goes Ultra

Press Release – Native Tongue

Native Tongue is thrilled to announce a sub-publishing agreement to represent Ultra Music Publishing in Australia and New Zealand. The independent music publishing company works with a range of great artists, songwriters and producers from around the world, … Read more »

Global award for niche Wellington business

Press Release – Global Albatross

New Zealands only international medical insurance intermediary Global Albatross, has won the 2017 Best Individual International Private Medical Insurance Intermediary Award at this years prestigious Health Insurance Awards in London. Read more »

Marsden Maritime sells surplus 41.5ha site for $4M

Article – BusinessDesk

Oct. 30 (BusinessDesk) – Marsden Maritime Holdings, which owns half of the Marsden Point-based Northport, has sold a net 41.5-hectare block of industrially zoned farmland for $4 million after a deal that allowed it to consolidate its land holdings. Read more »

China’s Citic Capital boosts Tourism Holdings stake to 11%

Article – BusinessDesk

Oct. 30 (BusinessDesk) – Chinese investment manager Citic Capital, which oversees US$21 billion of assets, has boosted its stake in Tourism Holdings to almost 11 percent having emerged as a substantial shareholder in the motorhome operator earlier this … Read more »

Syndex announces partnership with agritech firm

Press Release – Syndex

Online share exchange Syndex is supporting New Zealand agritech company Regen to undertake a major expansion. Read more »

More media lay-offs a certainty as merger case closes

Article – BusinessDesk

Oct. 27 (BusinessDesk) – The Commerce Commission is forcing NZME and Stuff to spend up to $200 million of their own money to protect the diversity of voices in the media by blocking a merger, but job losses are a certainty, the companies’ lawyer told … Read more »

Murray Goulburn enters binding agreement to sell to Saputo

Article – BusinessDesk

Oct. 27 (BusinessDesk) – Murray Goulburn Cooperative, Australia’s largest milk processor, has entered a binding agreement to sell all its operating assets and liabilities to Canada’s Saputo for A$1.31 billion, it told shareholders at their annual meeting. Read more »

Flick partners with Eastland Group in NZ-first energy hub

Press Release – Flick Electric Co

Flick Electric Co. has partnered with shareholder Eastland Group to launch Electric Village, a New Zealand-first, community-focused energy hub in Gisborne Read more »

Bethunes Announces Acquisition of Transport Investments

Press Release – Bethunes Investments

Bethunes Investments Limited (NZX: BIL) (Bethunes) is pleased to announce that it has today entered into an agreement to acquire the transport and logistics business of Transport Investments Limited (TIL) for a purchase price of $200 million (subject … Read more »

Colmar Brunton and Kantar TNS NZ move into Auckland CBD

Press Release – WPP AUNZ

Colmar Brunton and Kantar TNS New Zealand, two of New Zealands leading market research agencies, have moved into newly built premises on Sale Street in the Auckland CBD. Read more »

Fliway board backs $55.4M takeover

Article – BusinessDesk

Oct. 26 (BusinessDesk) – Fliway Group’s board is backing a $55.4 million takeover bid by Singaporean logistics firm Yang Kee Logistics which offers investors a 13 percent premium to its latest trading price, in a turbulent time for the transport … Read more »

Draft decision on major telcos

Press Release – Commerce Commission

The Commerce Commission today released its draft decision on how much 16 telecommunications providers will each pay towards the Governments $50 million Telecommunications Development Levy (TDL) for 2016/17. Read more »

Winston Nutritional launches at INC Conference 2017

Press Release – Winston Nutritional

26th Oct 2017 New dairy nutrition innovator, manufacturer and exporter Winston Nutritional formally enters the New Zealand market today with its sponsorship of the Infant Nutrition Councils Feeding the Future Conference in Auckland. Read more »

Stuff Fibre announces acquisition of Pure Fibre customers

Press Release – Stuff

Internet service provider Stuff Fibre is pleased to announce that it has acquired the customers of Christchurch-based company Pure Fibre. Read more »

OG Oil & Gas extends takeover offer for NZ Oil & Gas

Article – BusinessDesk

Oct. 25 (BusinessDesk) – OG Oil & Gas has extended the closing date of its partial takeover bid for New Zealand Oil & Gas by one month to Dec. 9, while shareholder H&G has tendered its entire 9.2 percent stake into the offer. Read more »

Apple snaps up wireless power developer PowerbyProxi

Article – BusinessDesk

Oct. 25 (BusinessDesk) – Apple, the world’s biggest technology company, has bought New Zealand wireless power developer PowerbyProxi for an undisclosed sum. Read more »

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