Briscoe Group, the retailer controlled by managing director Rod Duke, has acquired 19.9 percent of Kathmandu and said it plans to make a full takeover offer for the outdoor equipment and clothing chain. Auckland-based Briscoe said it picked up 4.99 percent of Kathmandu over time and has subsequently acquired 14.9 percent of the target from institutional investors for $1.80 a share. That …

Several Milford Asset Management funds are invested in beleaguered Australian law firm Slater & Gordon, whose share price dropped 25 percent yesterday after it said errors had been uncovered in the financial reporting of historical cash flow at its UK business. The ASX-listed law firm is in the middle of a A$1.3 billion acquisition of UK-based Quindell Plc, whose shares were suspended last week as regulators …

The NZ US Partnership Forum provided the opportunity to present recommendations for what should come next in the relationship between New Zealand and the United States. There was overwhelming support for New Zealand to lobby for entrepreneur visas, similar to the E-3 visas granted to Australians. New Zealand has a large pool of entrepreneurs that want to drive the creation …