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Morrison And Co Takes 26 Pct Stake In Fisher Funds

Morrison And Co Takes 26 Pct Stake In Fisher Funds
Wellington, Nov 14 NZPA - Infrastructure investor HRL Morrison & Co has taken a 26 percent shareholding in privately owned fund manager Fisher Funds.

Bus Travel Continues To Grow

Wellington, Sept 22 NZPA - Aucklanders and Wellingtonians are continuing to switch to public transport, says Infratil, the parent company of NZ Bus.

Telecom Board Candidates Say Aim To Represent All Shareholders

Wellington, Aug 14 NZPA - The two candidates for Telecom's board of directors nominated by United States hedge fund Elliott International say they are standing to be independents representing all shareholders, not just their sponsor.

Strategic Review Of Energy Co 30 Pct Owned By Infratil

Wellington, July 4 NZPA - A sale of all or part of Brisbane-based Energy Developments, in which infrastructure investor Infratil has a 30 percent interest, is on the cards with a strategic review under way.

Regulator Seeks To Appeal Finding On Accessory Liability

Wellington, July 4 NZPA - The Commerce Commission is seeking leave to appeal to the Supreme Court against a decision regarding investment company Infratil's actions in the attempted acquisition of Mana Coach Services.

Fletcher Building Named Best Value Creator Despite Share Plunge

Wellington, July 2 NZPA - Fletcher Building, whose share price has plunged 47 percent this year, has been named New Zealand's biggest value creator for the second year in a row by the Boston Consulting Group (BCG).

Finance Companies Tell NZX They're Happy With Disclosure Rules

Wellington, June 6 NZPA - A group of the listed finance companies are happy with the stock exchange's rules requiring disclosure to the market, but would not support making further information public, NZX said today.

Inftratil Feels Impact Of Financial Markets But Stays Optimistic

Wellington, May 20 NZPA - Financial market conditions have affected infrastructure investor Infratil and it is prepared for tough economic conditions during the next 18 months, while remaining optimistic about the longer term.

Infratil Annual Net Loss $1.7m

Wellington, May 20 NZPA - Infrastructure investor Infratil has reported a net loss of $1.7 million for the year to the end of March, compared to a profit of $68.2 million last year.

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