Latest FromAsset sales
Meridian tipped to surge
Share price expected to rise on first day but analysts are unsure of progress after that.
Air NZ top pick in asset sales plan
Air New Zealand is shaping up as the pick of the Government-owned companies on sale after Meridian Energy's low offer price and Mighty River Power's languishing shares.
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.
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.
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.
Stock Takes: Good signs on last day of Meridian offer
Closing day for the Meridian offer, the Vector media blackout, Diligent and Abano.
Jamie Whyte: Economic ignorance skews asset victory
It is deliciously funny to see befuddled Green Party politicians advocating policies that subsidise precisely what they want to discourage, writes Jamie Whyte.
Mighty River shares up on buyback news
Shares in Mighty River Power gained 5c today after the company announced that it would buy back up to $50 million of its shares - 6 months after it was listed.
Brian Fallow: Meridian political risk takes shine off power
People contemplating investment in Meridian Energy shares need to think long and hard about political risk, writes Brian Fallow.
Mighty River's $50m share buyback
The newly floated state owned power company Mighty River has announced a $50m share buyback plan - less than six months after it was partially privatised.
Deficit sinks to 4-year low
The Government's deficit shrank to $4.4 billion in the year to June, the smallest it has been for four years.
Share notices sent to junk folders
A glitch means some Mighty River Power shareholders have yet to receive notification of how many shares they bought during the company's float.
Stock Takes: Research overload
Potential investors in Meridian Energy have plenty of reading material.
Editorial: Solid Energy shows pitfalls of public ownership
Editorial: The Green Party has called the Government's bail-out of Solid Energy "privatisation by stealth". Would that it were so.
Meridian float given analyst tick
Independent research house Morningstar has come out in favour of the upcoming Meridian Energy float, saying it is likely to appeal to long-term investors seeking yield.
Banks take shares in Solid Energy
After having its "for sale" sign removed when it almost collapsed this year, state-owned coalminer Solid Energy will be partially privatised in a restructuring deal.
Brian Rudman: Asset-sales referendum a gift for Cunliffe
Labour's new leader, David Cunliffe, is having something of a dream run, writes Brian Rudman. For nearly a month, the party's leadership roadshow dominated the political news headlines.