
Editorial: Takeover flurry raises questions about state of capital markets
EDITORIAL: Is the takeover flurry by overseas buyers an alarming trend or natural cycle?
EDITORIAL: Is the takeover flurry by overseas buyers an alarming trend or natural cycle?
The infrastructure investor is forecasting earnings between $510-510 million for the year.
All eyes on results of three events overseas including UK election.
Listed infrastructure investor Infratil is option rich in ways to spend its money.
Trustpower and Tilt got a late tailwind from mother nature.
Infratil has lost most of its bus contract with the Greater Wellington Regional Council.
Infratil has sold its cornerstone stake in Metlifecare for $237.9 million.
Infratil says a hearing on a bid to extend the Wellington Airport runway will likely be delayed due to earthquake hearings.
Infrastructure investor Infratil is still upbeat about its investment in US renewable energy despite Donald Trump's promise to boost coal.
Trustpower may now have to pay nearly $15 million in tax and interest after losing a Supreme Court appeal.
The High Court has backed that a 90-metre safety area for an extended Wellington Airport runway is sufficient.
Paul Newfield has been named as the new chief investment officer at HRL Morrison & Co, who manage Wellington-based infrastructure investor, Infratil.
Infratil will spend $420m for a 48 percent stake in Canberra Data Centres.
Infratil lifted annual earnings by 2.5 per cent, meeting guidance, as its Metlifecare and RetireAustralia investments delivered big contributions.
New Zealand's biggest bus operator is paying $30m to start moving its fleet to electric technology.
Infratil expects its underlying earnings to rise, helped by its retirement village business.
Wellington Airport has hit back at scathing analysis of its runway extension plan by the New Zealand Institute of Economic Research.
Report backed by airlines tears into plan to lengthen airport's runway, saying it would be a waste of money and a drain on the economy.
Infratil, the investment company managed by Wellington-based investment bank Morrison & Co, posted a 14 percent gain in first-half pretax earnings.
Tauranga-based Trustpower will pay $5 a share in cash in a full takeover offer for King Country Energy, provided it gets at least 70.2 percent of the company.
The recent rally in Z shares convinced Infratil and the Super Fund that it was time to sell.
Infratil will book a profit of $392m on the sale of its remaining 20pc stake in Z Energy.
Infrastructure investor Infratil says it'll be taking a more wary approach to potential new acquisitions.
New Zealand shares rose yesterday, heading back towards a record high after a two-day slide.
A new service from Fiji Airways will allow Wellingtonians to escape twice a week to the tropics from next June.