Recent Posts

Seniors Money would sell 9.4% Heartland stake when escrow lifts

Seniors Money International, which sold its ‘home equity release’ mortgage business to Heartland New Zealand for $87 million this year, would sell the 9.4 percent stake it got in the lender as part payment once a 12-month lock-up ends for the shares. Auckland-based Seniors, which counts buyout firm Quadrant Private Equity as its biggest shareholder, got $47.3 million cash and 43 …

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Berry company OOB wins ice-cream contracts in China

Berry company OOB has sealed two deals with Shanghai-based companies to sell its organic ice-cream. The first deal is a one-year, ten-container, contract with retailer Li Feng which has already been trialling the ice-cream product for some stores. It plans to stock the ice-cream in 200 stores across Shanghai. The other deal is with a confectionary gift retailer which has 700 …

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