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US pension plan sues Hart over Pactiv deal
The $6.3bn takeover by Graeme Hart's Reynolds Group of Pactiv Corporation was challenged in a lawsuit by a trade union pension plan.
Family moves to increase control of Michael Hill International
The founders of jewellery retailer Michael Hill International are planning to consolidate their shareholdings in the NZX-listed company as part of a bid to gain voting control.
Equities fall after record drop in US home sales
Equities on Wall Street and across Europe fell after a US home sales fell a record 27 per cent in July.
'Smiling assassin' targets rich immigrants
At Merrill Lynch in 1998, the ever-cheerful John Key was nicknamed "the smiling assassin" after he fired some 50 members of his team.
DNZ head urges regulator to stamp out low-ball offers
Regulators should move quickly to stamp out low-ball share buying offers, says DNZ chair Tim Storey.
Wi Fi provider Tomizone makes deal with Skype
Local wireless internet provider Tomizone has partnered with Skype to promote the global giant's new web access product to NZ users.
Three way tussle on cards for NZ Farm Systems
A mystery investor is talking to NZ Farming Systems Uruguay in a move which could spark a three-way scrap over the NZX-listed company.
Bjork seeks poll for energy deals
Singer-songwriter Bjork is spearheading a push to put foreign energy takeovers to referendum if enough people oppose the deals.
Kiwi dollar tipped to weaken on Aust election drama
The New Zealand dollar may fall below 70 US cents this week as investors wait on the outcome of Australia's Federal election.
Fonterra sets new export record
Fonterra says it has set a new export record, sending 2.1 million tonnes of product to market for the first time in its nine-year history.