CSR Building Products (NZ), the unit of the ASX-listed building products maker, faces a bill of up to $9.5 million after cutting a deal with the government to settle looming legal action over the nation’s leaky schools, a fraction of the near billion dollar writedown taken on New Zealand’s state-owned schools. The New Zealand unit of CSR took a $9.5 million …

Warehouse Group, New Zealand’s largest listed retailer, expects earnings to rise this financial year following an 18 percent drop in 2014 as it benefits from investments in refurbishing its stores and adding new businesses. The Auckland-based retailer said adjusted profit, which excludes one-time items and is the basis for dividend payments, fell to $60.7 million, or 18.6 cents a share, in the 52 weeks ended July …

Irish media group Independent News & Media is backing the board of APN News & Media to grow shareholder value, as the Australasian publisher and broadcaster considers carving out its New Zealand unit. The Dublin-based company, which is controlled by Irish billionaire Dennis O’Brien, will support any moves by APN to increase the value of its 18.6 percent stake in the trans-Tasman …