Leaky schools decision due
Company denies liability, awaits appeal result involving Ministry of Education.
Company denies liability, awaits appeal result involving Ministry of Education.
It hasn't been a great week for investment bankers on both sides of the Tasman.
The $1b sharemarket listing of Carter Holt Harvey has been delayed till later this year, amid rumours of a rival bid.
Is the Govt really getting double the amount of dividends from its sold down power companies?
The cut and thrust around Rank's Carter Holt IPO has begun...
The Carter Holt Harvey sharemarket float is expected to receive a wary reception from some institutional investors.
Graeme Hart's Rank Group confirmed it plans to sell down its stake in Carter Holt Harvey in an initial public offering.
New Zealand's richest man, Graeme Hart, is understood to be planning to float most of Carter Holt Harvey in what could be the biggest IPO this year.
Carter Holt Harvey's cladding sheets and systems used in 880 school buildings were "inherently defective", the Court of Appeal has heard.
A sawmilling company "completely misused" their drug and alcohol policy to drug test 190 staff after cannabis plants were found on company grounds, a union says.
One of the largest single Japanese investments in NZ is occurring with the sale of Carter Holt Harvey's pulp and paper and packaging businesses for $1.037 billion.
The Ministry of Education will continue to pursue a leaky schools lawsuit against Carter Holt Harvey after it failed in an attempt to have the claim quashed.
Carter Holt Harvey has agreed with the Commerce Commission that it should pay a $1.85m penalty for its part in a timber price fixing cartel with a division of Fletcher Building.
The last remnant of Graeme Hart's rural empire - a cattle and pig farm at Maramarua - is up for sale.
Rotorua timber industry worker Daniel Mathew is philosophical about the possibility of losing his job.
Manufactured exports have been faring much better than domestic sales.
Carter Holt Harvey has told staff it plans to cut around 70 jobs in Rotorua and Tokoroa before Christmas.
From the moment a Rotorua man offered to help a friend steal nine tonnes of native logs, the foolhardy scheme was destined to fail.