New Zealand shares fell on the last day of quarter as investors locked in profits from a 2.2 percent gain over the period. Meridian Energy and Genesis Energy paced the day’s decline. The NZX 50 Index fell 4.47 points, 0.1 percent, to 5255.037. Within the index, 22 stocks fell, 17 rose and 11 were unchanged. Turnover was $173 million. The benchmark index advanced …

The proposed backdoor listing for file storage and encryption firm Mega has been given another deadline for regulators to go through documents outlining the offer to shareholders of TRS Investments, the proposed vehicle for the deal. Stakeholders in TRS and Mega have agreed to extend the date to complete the transaction in another four weeks, by Nov. 28, to let the …

Synlait Milk, which plans to take a quarter-stake in Sichuan New Hope Nutritional Foods Co to gain a direct interest in a Chinese infant formula brand, has been granted accreditation to manufacture retail-ready infant formula for export into China. The Rakaia-based milk processor has been notified of its approval by the Certification and Accreditation Administration of the People’s Republic of …