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NZ Sharemarket Warms To SkyCity's Flutter

NZ Sharemarket Warms To SkyCity's Flutter
Wellington, Feb 16 NZPA - The New Zealand sharemarket enjoyed a positive day, rising nearly 1 percent, buoyed by SkyCity Entertainment's good news. The benchmark NZX-50 index started at 3059.533 and rose 28.074 points, or 0.92 percent, to end the day at 3087.607.

Strong Start By NZ Sharemarket Fades

Strong Start By NZ Sharemarket Fades
Wellington, Nov 24 NZPA - The New Zealand sharemarket started strongly but faded in the afternoon session as the Australian market weakened and as an initial pubic offer (IPO) by Synlait was pulled.

Skycity Sells Cinema Business To Australian Operator

Skycity Sells Cinema Business To Australian Operator
Wellington, Nov 24 NZPA - SkyCity Entertainment Group is selling its cinema business, which has over 35 percent of New Zealand's box office revenue, for $59 million. The buyer is Australia-based cinema operator Amalgamated Holdings (AHL).

Skycity Sells Cinema Business To Australian Operator

Skycity Sells Cinema Business To Australian Operator
Wellington, Nov 24 NZPA - Casino operator SkyCity Entertainment Group Ltd is selling its cinema business for $59 million. The buyer is Australia-based cinema operator Amalgamated Holdings Ltd (AHL).

Sky City Says Sale Of Cinemas Falls Through

Wellington, June 6 NZPA - Casino operator Sky City said today it will keep its cinema business after a potential purchaser failed to arrange "satisfactory" financing. Negotiations had reached the point of signing a deal, Sky City chief executive Nigel Morrison said.

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