Auckland-based bio-fuels pioneer Lanzatech Inc has been named the second “hottest” bio-technology company in the world and 4th hottest for bio-chemicals at the same time as announcing a new contract with leading Korean petro-chemical company SK Innovation. The announcements, from respected industry publication Bio-Fuels Digest, come as Lanzatech’s latest filings with the Companies Office show its losses roughly doubled in …

APN News & Media, which publishes the New Zealand Herald newspaper, has agreed to sell its stake in an outdoor advertising joint venture with Quadrant Private Equity for some A$69 million. The deal will see APN sell its 48 percent of APN Outdoor at a multiple of 7.5 times earnings, before interest, tax, depreciation and amortisation, the media group said …

Telecom Corp has confirmed it’s considering hocking off its AAPT unit in Australia as it transforms into a service-based telecommunications operator, though hasn’t commented on reports it may sell its stake in mobile business Hutchison Telecommunications Australia. The Auckland-based company is considering a possible sale of AAPT, though hasn’t made any final decision, it said in a statement. The announcement …