Spark in joint venture with Vocus
Vocus Communications, the Australian fibre network and data centre company, has agreed with Spark New Zealand to form a new construction joint venture, Connect 8.
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Latest fromMergers & Acquisitions
Aussie networks mull MediaWorks stake
Two Australian TV networks are looking at taking a stake in MediaWorks at a heavily discounted price, according to sources.
Murdoch's pay-TV empire unites behind Diabolik crime
Rupert Murdoch prepares to complete the merger of his British, Italian and German pay-TV companies next week.
The Twinkie-saving billionaire
C. Dean Metropoulos, a veteran turnaround artist, has built his livelihood on scooping up crestfallen brands and preparing them for new success.
Tax rules won't stop Pfizer from leaving US
The US attempt to stop companies from leaving for tax reasons won't stop Pfizer, which is still considering a deal to move.
DebitSuccess expands into the US
Kiwi e-commerce firm Debitsuccess is expanding its payment solutions operation into the US, the company has announced.
Hart's Rank Group hires banks to run sales
Billionaire Graeme Hart's Rank Group has hired three banks to run separate sales in his global packaging empire in what could generate some US$9b
Obama condemns overseas tax deals
President Obama's denunciation of overseas mergers that lower US companies' taxes is throwing cold water on potential deals.
Amazon buys gamer site for $1b, beats Google
Amazon.com is buying video service Twitch Interactive for about $1 billion in its biggest acquisition ever.
Graeme Hart's Reynolds Group scotches IPO rumours
Reynolds Group have scotched a report the global packaging empire is selling assets and repaying debt as a precursor to an initial public offering.
Griffin's to ramp up exports says incoming CEO
Griffin's Foods plans to lift exports to more than 50 per cent of sales within five years by leveraging new owner Universal Robina Corp's links in southeast Asia.
Cash for Postie Plus shareholders?
The administrators of Postie Plus are staying tight-lipped on whether the struggling clothing chain's shareholders will receive any cash.
Properties sold in leaseback deal
New Zealand real estate investment specialist Caniwi Capital has bought chicken processing plants, hatcheries and farms from Inghams Enterprises NZ .
Griffin's deal takes biscuit
Australia's Pacific Equity Partners (PEP) came close to doubling its money on New Zealand's biggest snack food company, Griffin's Foods.
$98m to be invested in NZ waste company
Beijing Capital Group has said it will invest $98 million in its new acquisition, Waste Management.
Vocus agrees to buy FX Networks for $115.8m
Telecommunications company Vocus is buying fibre-line provider FX Networks and says it will become NZ’s third largest network operator if the sale goes through.
Cash no longer king to fund takeovers
To fund big deals, buyers are using stock to fuel the best quarter for global takeovers since 2007.
Oracle to acquire Micros Systems for $5.3b
Oracle announced plans to acquire Micros Systems for $5.3 billion in a deal that would allow the technology giant to gain a foothold in the retail and hospitality sectors.
GE clears French hurdles to land $17b Alstom win
General Electric clinched its biggest acquisition ever, the $17 billion purchase of Alstom's energy assets, after the resolution of the French government's last condition for the deal.
Google's eyes in the sky
Following Google's $500m acquisition of Skybox Imaging, Slate's Will Oremus looks into the scope of Google's future.
Hart sale of European packaging firm
In a further move to cash in on an improving global economy, Graeme Hart is looking at offloading his European packaging business Sig Combibloc.