China’s state-owned Bright Food Group has provided a letter of comfort to Silver Fern Farms that it will vote its …
Read More »Jonathan Underhill
Silver Fern Farms shareholders approve deal to sell 50% stake to Shanghai Maling
Shareholders of Silver Fern Farms have voted in favour of a proposal to sell 50 percent of New Zealand’s biggest meat …
Read More »Silver Fern could stay NZ-owned for as little as $25k per farmer
Silver Fern Farms could be kept in cooperative ownership for as little as $25,000 per farmer and the meat company’s …
Read More »Steel & Tube on prowl – buys Aquaduct NZ out of receivership
Steel & Tube Holdings, New Zealand’s biggest steel distribution company, has continued its drive to grow through acquisitions, buying Aquaduct …
Read More »Auckland Airport 'optimistic' on Chinese travel despite questions about economic growth
Auckland International Airport, the country”s biggest gateway, says it”s optimistic about demand from China, its fastest-growing source of passengers, even after …
Read More »NZ dollar drops vs. greenback, gains vs, yuan after Bank of China devalues currency
The New Zealand dollar fell after China devalued the yuan, stoking concern economic growth is weaker than expected in the …
Read More »NZ dollar gains as Fonterra offers farmer support, primps dividend while cutting forecast
The New Zealand dollar gained after Fonterra slashed its milk payout forecast as expected while offering interest-free loans and a …
Read More »Leaked TPP document from May shows US pushing rights of drug companies vs. generics
A draft of part of the Trans-Pacific Partnership trade deal leaked to the Politico website suggests the US is demanding increased …
Read More »Fonterra begins talks with workers as part of review to streamline business, cut cost
Fonterra Cooperative Group, which is looking to cut hundreds of jobs as part of a review aimed at stripping costs …
Read More »Kathmandu hires Goldman Sachs to help assess Briscoe takeover, urges shareholders to wait
Kathmandu has urged shareholders to take no action on a full takeover offer from Briscoe Group pending the board’s response and …
Read More »