ropertyIQ NZ, a joint venture between state-owned Quotable Value and Australia’s RP Data, is seeking clearance to buy local geospatial data firm Terralink International. The property information company has applied to the Commerce Commission for clearance to buy the business and assets of Terralink in an effort to boost scale and its ability to compete with global competitors, according to …

Fonterra Cooperative Group, the world’s biggest dairy exporter, cut the price of its Anmum-branded products in China as the local regulator looks at potential price manipulation by major foreign firms selling into the world’s most-populous nation. The Auckland-based cooperative will trim 9 percent from its Anmum maternal health products in mainland China from next month “to better meet consumer needs …

The overland monorail tunnel project to take tourists to Milford Sound is more likely to proceed now that the main opposition, the proposed Milford Dart tunnel option, has been declined by Conservation Minister Nick Smith, says the $175 million alternative’s backer. “The tunnel would be competition,” said Bob Robertson, chairman of Infinity Investment Group, which is backing the above ground …