Eroad deal bucks trend of offshore buying of NZ techs
NZX-listed Eroad has bought Auckland-based Coretex for $188.3 million.
AdvertisementAdvertise with NZME.
Latest fromCompanies
Kiwi investors net $584m from sale of audiology business
Aussie business sold for $584m five years after Abano sold half share for $32m.
Eroad raises funds to buy Auckland-based Coretex
Eroad said Coretex had a well-advanced pipeline of North America Enterprise customers.
NZ shares continue good run ahead of monetary policy review, inflation data
Investors will be eagerly watching Wednesday's OCR update and inflation data on Friday.
Market close: Summerset stars as sharemarket closes higher
Energy stocks also had a good day
Eric Watson charged with insider trading in US
The former co-owner of Hanover Finance was charged after a company name change.
Fonterra cleared by FMA over huge writedowns
Investigation followed complaint by one of Fonterra's biggest shareholders.
Running hot and cold: More Air NZ flights to Raro, Kiwis flock to ski fields
Boost for flights, Bachcare says Kiwis filling gaps left by Aussies around and ski fields.
Green gold: Avocado powder tipped as super food
A new Kiwi company is turning small reject avocados into a freeze-dried super food.
Blue chip stock profit-taking drags down NZ sharemarket
The New Zealand sharemarket, still lacking impetus, suffered another small drop.
Market close: Prospect of interest rate hike spooks NZ shares
Interest rate hike 'bad for all and sundry, particularly the property and equity markets'.
Air NZ unveils long-haul flights for summer
Flights added as Australian-based Intrepid Travel urges clear road map for NZ opening up.
Emirates delivers 1 million Covid-19 vaccines to NZ
Airline's cool chain ideal for transporting temperature-sensitive vaccines.
NZ dairy futures firm after Fonterra trims GDT offer
Strong demand has led Fonterra to cut back on the amount of powder it sells at auction.
Sydney Airport takeover bid sends AIA shares soaring
The New Zealand sharemarket and Auckland International Airport came alive.
Cannasouth seeks full ownership of cultivation and manufacturing
Cannasouth will use funds generated in a capital raising.
Bovine intervention: Fonterra puts plant-based milks in the mix
Fonterra accepts that plant-based milks are here to stay.
Billionaire space race: Richard Branson's bid to outdo Jeff Bezos
Richard Branson is aiming to beat fellow billionaire Jeff Bezos into space by nine days.
A2 Milk appoints new chief marketing officer
A2 Milk has appointed former Danone executive, Edith Bailey, to its team.
Market close: Late burst drives NZ shares higher
The New Zealand sharemarket etched out another promising gain.
Former Air NZ boss invests in luxury beauty brand
The move comes ahead of a partnership with a major online retailer in the UK and US.
Market close: NZ shares finish solid month with another gain
The leading index increased 2.7 per cent during June.
Call for more Fonterra transparency with capital restructure
Detail on strategy and performance outlook needed along with any change.
NZ sharemarket stays positive despite Covid-19 uncertainties
The S&P/NZX 50 Index stayed in positive territory all day.
Damien O'Connor unfazed by Fonterra share price dips
As long as cooperative does its job, billions in dairy farmers' assets will be maintained.
Kathmandu expects to take hit from Oz lockdowns
Kathmandu has been forced to close more than 60 stores in Australia.
Travel and tourism stocks battered by bubble pause
The market overall remained directionless and traded in a narrow range.
Fonterra unit fund manager appoints advisors on reform proposal
Fonterra unit fund manager notes material drop in share prices.
'A fluid and uncertain time': Air NZ cancels flights as Australian travel bans bite
Large numbers of passengers are cancelling their trips to Australia.
'It's brutal:' Fighting for a fair share with your ex in a divorce
Why fighting over relationship property is "barbaric" and what needs change.
Premium: Sarah Sparks’ relationship legal battle that nearly destroyed her life
Sarah Sparks has spent nearly $2 million on a relationship property dispute with her ex. She's now fighting to fix a "broken" system. Video / Greg Bowker
Sun-seeking: When you can fly year-round to Queensland hot spots
With long haul off, travellers and airlines look for more places within Australasia.