Kiwifruit growers Satara Cooperative Group and EastPack are set to resume merger plans shelved after the outbreak of the Psa vine bacteria two years ago. The deal will see Satara grower shareholders receive one EastPack share for each dollar paid-up of the transactor or investor share, and receive a 5 cent fully imputed special dividend, valuing the deal at 65 …

The Commerce Commission’s draft regime for pricing network company Chorus’s copper lines has divided submitters into investors pushing for a backdown by the regulator and consumer lobby groups and retailers supporting the initial version. The draft determination from Telecommunications Commissioner Stephen Gale highlights an “incoherent policy environment” and risks undermining the government’s vision for a nationwide ultra-fast broadband network, Chorus …

The New Zealand dollar may extend its gains this week on rallying equity markets, offshore demand for yield and a favourable outlook for the local economy. The kiwi dollar recently traded at 84.53 US cents and earlier rose to 84.92 cents. It may trade in a range of 83.50 cents to 85.50 cents this week with a bias to the …