Synlait Milk will sell shares at $2.20 apiece before joining the NZX later this month, valuing the dairy processor at $322 million and making it the 43rd biggest company on the exchange. The Rakaia-based company plans to raise $75 million of new capital, and existing shareholders will sell $38.7 million, or 17.6 million shares, in a secondary offer, listing on …

Kura, the owner of fishing group Sealord, has scotched a media report that its Japanese investor is looking to exit the business after profits tumbled last year on a charge against an Argentinian venture. Tokyo-based Nippon Suisan Kaisha, which owns half of Kura, is trying to exit the business after taking over Sealord’s lucrative European marketing arm, Fairfax media reported …

New Zealand will ink an economic cooperation agreement with Taiwan in Wellington tomorrow evening completing a triumvirate of  FTAs with China and its satellites: Hong Kong and Taiwan. NZ will be the first Western nation to triangulate the trade relationship with China, Hong Kong and Taiwan. Singapore – which like NZ is understood to have agreed the guts of the …