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Mighty River shareholders remain philosophical

Mighty River board readies for scrutiny

Meridian stock holds onto gains

Meridian Energy's instalment receipts have continued to hold firm, helped by buying interest from Bank of New York Mellon Corp, through its London-based subsidiary, Newton Investment.

Bank of New York Mellon buys more of Meridian

Meridian and the minnows

Energy share float info criticised

The head of New Zealand's investment regulator has hit out at the Government's energy company sharemarket floats and says they have failed to lead the way in making it easier for retail investors to access information.

NY bank has 3.98pc Meridian stake

Meridian says a New York bank owns just 3.98 per cent of the company - not the 8.1 per cent it said earlier.

Market regulator calls for IPO clarity

The FMA yesterday called on issuers of investment statements and prospectuses to "lift their game" after its report on the industry following its guidance note of June last year.

Meridian float price fair - analysts

Market players say Meridian Energy's initial public offer price is fair and reflects the lessons the Government has learned from its listing of Mighty River Power.

John Armstrong: Much now hangs on Genesis and Air NZ sale

Meridian float price sinks to lower end

The deal will raise $1.88 billion instead of the maximum $2.25 billion for the 49 per cent share, and values Meridian at $3.84 billion.

Labour + Greens hurt share float - Govt

The chances of the Govt raising $5 billion to $7 billion from its partial assets sales is looking dimmer after details of No 2 sale, Meridian, were announced last night.

Meridian sale raises $1.88b

Meridian shares will be issued at a listing price of $1.50, the bottom of the indicative range, and with a much smaller investor pool than the government had hoped for.

Mighty River sales fall, prices stable

Solid Energy secures restructuring deal

Solid Energy has secured its restructuring deal with most of its banks and the Government following a series of meetings today in Christchurch.

Mighty River could affect Meridian price

Sources said the Meridian general offer could attract up to $280 million which, when taken with the broker allocation of $565m, could see up to $850m out of the $1.25 billion offer in retail ownership.