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Mongolian hoarder gets its prey – What Fonterra’s advisers knew months ago

Fonterra’s legal brief told the Commerce Commission five months ago that the Inner Mongolian company was in talks to buy Oceania Dairy. Chapman Tripp’s Grant David spot-lighted the Yili talks when he tried to convince the commission that Fonterra should be allowed to buy NZ Dairies. Fonterra had become aware of further competition in the industry, he noted.  “Over the …

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Show me the Money – Penny Macdonald

Having been involved both directly and on the periphery of many trade negotiations over the past couple of decades, it is always intriguing to ferret around in the background to ascertain who is seeking to influence the process.? Who are the well-funded, ever present lobbyists with distinct commercial positions and a desire to advance their agenda at any cost?? Who …

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China: Intellectual Property

Protecting intellectual property (IP) — including products, design and processes, trademarks and patents, promotional material, user manuals, trade secrets and domain names — is one of the biggest issues New Zealand businesses face when entering China. professional essay writer

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MARKET CLOSE NZ shares rise, led by Telecom amid fiscal cliff optimism

New Zealand shares rose, led by Telecom as equity markets worldwide took heart from signs of progress on fiscal cliff talks in Washington that may help the US economy avoid recession. Tech stocks Diligent Board member Services and Xero both made new highs. The NZX 50 Index rose 12.76 points, or 0.3 percent, to 3979.25. Within the index, 19 stocks …

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Canadians buy 30 per cent Kaingaroa forest from Harvard Funds

The Public Sector Pension Investment Board –  one of Canada’s largest pension investment managers – has agreed to buy 30 per cent of  Kaingaroa Forest from Harvard University’s endowment fund. Harvard will retain a 28.75% stake in Kaingaroa Forest after completion of the transaction, which remains subject to regulatory approval and other customary closing conditions. As part of the transaction, …

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Fletcher Building nabs Telecom CFO Olson to head finances

Telecom chief financial officer Nick Olson has left the second-biggest company on the stock exchange to take control of the finances of Fletcher Building, the biggest company on the bourse. Fletcher chief executive Mark Adamson said he was delighted Olson agreed to the join the company from April next year, replacing long-serving chief financial officer Bill Roest, who retires next …

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Rugby World Cup provides $573 mln fillip to NZ economy, report shows

Sports Minister Murray McCully has labelled last year’s Rugby World Cup a success after independent research found it added $573 million to an otherwise tepid economy. The sporting event added 0.34 percent to New Zealand’s gross domestic product over the medium-term, or $573 million in 2007 dollar terms, and added some 7,840 part and full-time jobs, based on Market Economics …

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Debt Management Office expands bond programme by $6.5 bln

The New Zealand Debt Management Office has expanded its programme for issuing bonds by $6.5 billion over the next four years and flagged it will sell a further $7 billion in debt the following year. The DMO will issue $14 billion in bonds in the 2012/13 year, an increase of $500 million from the budget, and sell an unchanged $10 …

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