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Westfield NZ Property Portfolio Declines In Value Slightly

Wellington, Feb 17 NZPA - The 12 New Zealand shopping malls owned by Australian company Westfield have declined in value to $NZ2.88 billion as at December 31, from $3 billion at the same time last year.

Woolworths Group Reports $31.1b In Sales For Half

Woolworths Group Reports $31.1b In Sales For Half
Wellington, Jan 27 NZPA - Australian-listed retailer Woolworths today reported $31.1 billion in sales for the half year to January, including $2.86b from its New Zealand supermarkets.

Tourism Marketing Money Announced

Tourism Marketing Money Announced
Wellington, Jan 21 NZPA - As part of efforts to attract more Aussies across the ditch, the Government is spreading $5 million across several regions.

Receivers Appointed To Eastern Hi Fi

Receivers Appointed To Eastern Hi Fi
Wellington, Jan 14 NZPA - Receivers have been called in to Eastern Hi Fi, with the company directors saying they saw no alternative.

Appointment Brings NZ Super Fund And Infratil Even Closer

Appointment Brings NZ Super Fund And Infratil Even Closer
Wellington, Nov 6 NZPA - The Government has brought the New Zealand Superannuation Fund and infrastructure company Infratil even closer today with a key appointment.

Infratil, NZ Superannuation Fund Looking At Shell NZ Assets

Infratil, NZ Superannuation Fund Looking At Shell NZ Assets
Wellington, Nov 3 NZPA - A consortium of the New Zealand Superannuation Fund and infrastructure investor Infratil has entered into exclusive negotiations with Shell over possibly buying Shell New Zealand's refining, and distribution and retailing businesses.

Listed Pharmacy Puts Together Critical Mass In The Sector

Wellington, Sept 8 NZPA - The nation's only listed pharmacy group, Life Pharmacy Ltd (LPL), today went unconditional on its latest acquisition to build a giant retailer in the sector.

Chris Ford: New Booze Law Proposals Merit Further Study

This week the Law Commission released a discussion paper recommending a number of changes to our liqour laws in the wake of growing evidence that we are a country which has a terrible binge drinking culture.

Indian State Oil Market Eyed As Buyer For Shell NZ Network

Wellington, July 15 NZPA - The Shell oil company is looking at selling all of its petrol stations in New Zealand -- and a stake in the Marsden Point refinery -- and news reports say the buyer could be an Indian oil company.

Equity Partners Sink $51m Into UK Motorway Services Retailer

Wellington, June 25 NZPA - New Zealand private equity infrastructure fund Equity Partners Infrastructure Company No 1 (Epic) has agreed to buy a 17.49 percent stake in UK motorway service operator Moto for 19.7 million pounds ($NZ51.4m).