Vocus Communications, the ASX-listed telecommunications company, has declared its $115.8 million acquisition of privately owned New Zealand fibre optic cable network operator FX Networks unconditional. The Sydney-based company has received acceptances totalling 99.87 percent of FX Networks’ voting stock, with one shareholder holding out, Vocus said in a statement to the ASX. It will look to enforce mop up provisions under …

Goodman Property Trust, which is selling assets to fund development, will spend $33.4 million on four developments and has sold the Carter Holt Harvey Packaging Facility in Christchurch for $16.37 million to an undisclosed buyer. The four developments are expected to generate around $2.8 million of annual income and boost valuation gains between 10 percent and 15 percent, Goodman (NZ), the manager …

Christchurch City Holdings, the city council’s investment and infrastructure unit, has declared its takeover of Lyttelton Port Co unconditional after satisfying the last of its requirements. Christchurch City Council’s investment and infrastructure unit, was offering $3.95 a share, and a 20 cents per share special dividend for a total of $4.15 to mop up the remaining stock after entering into …