Potential buyers of the New Zealand unit of Australian waste manager Transpacific Industries have until the end of the day to make their interest known, with indicative bids closing. The first round of bidding will provide a steer for the Queensland-based company as to what it might reap from the sale of its New Zealand waste management business, rather than …

Delegat’s Group, the winemaker which this year bought Australia’s Barossa Valley Estate brand, expects operating profit to rise by about 10 percent in 2014, though it warns a high kiwi dollar may hurt earnings. Net operating earnings are expected to rise to $29 million in the 12 months ending June 30, 2014, from $26.3 million a year earlier, managing director …

Infratil completed its on-market buyback at $2.38 a share, or a total of $59 million. The shares fell 1.7 percent to $2.34 when they resumed trading, having been halted for the buyback. The 24.8 million shares acquired by brokerage First NZ Capital on behalf of Infratil will be held as Treasury stock, shrinking total ordinary shares to about 561 million …