Wool Equities, which manufactures wool for its grower shareholders, and Primary Wool Cooperative, a farmer-owned joint venture with wool broker Elders, agreed to continue to progress talks about a possible merger to boost returns after an initial meeting this week. The boards of Wool Equities, with 9,500 farmer shareholders, and Primary Wool, owned by about 1,200 farmers, met on Wednesday …

The Commerce Commission has outlined its proposed process to determine pricing for Chorus’s regulated copper network, and hopes to achieve a result by December when reduced prices are scheduled to kick in for the network operator. The regulator today released a process and issues paper on how it will determine the final pricing principle for Chorus’s unbundled bitstream access services, …

The level of activity on the NZX grew for a 17th month in January, though the value of transactions was lower than the same month last year. The total number of trades rose 43 percent to 98,903 in January, with the daily average at 4,710, according to NZX’s monthly shareholder metrics. The total value traded fell 8 percent to $2.1 …