Wellington, Aug 19 NZPA - The Takeovers Panel is recommending law changes to tighten the rules governing ownership changes for companies covered by the Takeovers Code, while retaining flexibility.
Wellington, July 25 NZPA - Transpacific Industries Group Ltd says it has issued $A20 million ($NZ26 million) worth of shares to "two sophisticated investors" to settle business deals.
The best laid plans of investors often go awry (to paraphrase and Anglicise Robert Burns). A reader has made "an amused comment" about my recent statement that we should always buy shares with the intention of holding them for at least 10 years.
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