
Bay International silent partner Scott Wright to exit
Abano has agreed to sell its 50 per cent stake in audiology company Bay International to interests associated with Peter Hutson for $32 million.
Abano has agreed to sell its 50 per cent stake in audiology company Bay International to interests associated with Peter Hutson for $32 million.
There's no doubting that the NZX and the wider investment community would like to see more initial public offers and sharemarket listings.
New Zealand shares fell from a record high as speculation about a Federal Reserve rate hike next month drove up the US dollar
The emergence of new investor groups such as iwi and community trusts will introduce additional liquidity into the private equity sector, says the latest EY survey.
New Zealand shares rose, pushing the S&P/NZX 50 Index to a new record on expectations Meridian Energy will be a key beneficiary of proposed changes to electricity transmission charges.
A changing of the guard is underway at Buffett's holdings company.
Spark, Precinct Properties and energy firms among the falls but Xero goes against trend to extend Friday's gains.
Former MediaWorks chief executive Mark Weldon has been thrust into the public eye again, this time to answer questions in a courtroom witness box.
New Zealand shares joined a slide in equity markets that started on Wall Street and continued into Asia.
New Zealand shares reached a fresh record, as Orion Health Group advanced while Sky Network Television's losing streak continued.
NZ shares rose, pushing the S&P/NZX 50 Index to a record high as Air New Zealand and A2 Milk gained while Sky Network Television extended its slide.
NZX director Neil Paviour-Smith told the High Court the company spent no more than A$10 million on developing the Clear Grain Exchange.
This Canadian diamond miner saw its share surge 30pc when it announced it had found the world's second biggest diamond.
$300 million raised in float will help fund overseas expansion as shares jump 5.2% on first day of trading.
The world's biggest fund is to use its huge influence to vote against fat cat pay and boardroom bad behaviour.
The New Zealand dollar rose as the US dollar weakened after a report showed US manufacturing activity slipped.
The Tegel shares were widely expected to trade at a premium to the $1.55 IPO price.
The Bank of Japan's decision not to expand its stimulus measures drove up the yen against the greenback.
Z Energy is allowed to buy Caltex and Challenge! petrol stations, but must sell 19 of its retail sites.
COMMENT: Tegel's sharemarket listing could be the most high-profile float the NZX will see this year. But the company is taking a low-key approach to its big day.