Bennetts Group, the family-owned tertiary textbook company, has acquired the assets of Jasons Travel Media from the receivers for an undisclosed sum. The travel and accommodation guide publisher last month told its lenders to appoint a receiver because of the company’s deteriorating financial position. Jasons Travel was in talks with its lenders earlier this year after breaching its banking covenants, …

Freightways, New Zealand’s largest listed courier and data management company, has bought two document shredding firms, one on either side of the Tasman, for an aggregate $13 million. The Auckland-based company bought Australia’s Advance Security Destruction Services and Hastings-based Docushred, effective from the start of this month, and expects the acquisitions to immediately add to earnings, it said in a …

The New Zealand dollar jumped 1 US cent from local trading on Friday after key US employment data failed to meet the expectations of some short-term traders who had bet the data would print even higher. The kiwi touched 82.93 US cents this morning, its highest level in more than two weeks, and was trading at 82.82 US cents at …