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Overseas Investment Office

Pernod Ricard trims NZ wine to focus on premium brands

Pernod Ricard trims NZ wine to focus on premium brands
Wellington, Oct 19 NZPA - French-owned wine and spirits company Pernod Ricard NZ is selling its Lindauer sparkling wine brand and other assets to Lion Nathan NZ and local winemaker Indevin for $88 million as it focuses on its premium wines.

Pernod Ricard sells wines and assets

Pernod Ricard sells wines and assets
Wellington, Oct 19 NZPA - Pernod Ricard NZ is selling some of its Gisborne and Hawke's Bay wine brands and assets to Lion Nathan NZ and its joint venture partner Indevin for $88 million cash.

Pernod Ricard sells wines and assets

Pernod Ricard sells wines and assets
Wellington, Oct 18 NZPA - Pernod Ricard NZ is selling some of its Gisborne and Hawke's Bay wine brands and assets to Lion Nathan NZ and its joint venture partner Indevin.

Bathurst receives some approvals for Buller plans

Wellington, Oct 11 NZPA - Bathurst Resources Ltd, the Australian company planning to develop a large open cast coal mine in the Buller coal field, said it has received government approvals for the acquisition of the project.

Lion Nathan buys back brewery it is leaving

Wellington, Sept 30 NZPA - Lion Nathan Ltd is taking back the 5.2ha brewery site in Newmarket it sold three years ago but is still moving to a new brewery in South Auckland.

General welcome for overseas investment changes

General welcome for overseas investment changes
Wellington, Sept 28 NZPA - Government changes to rules about overseas purchases of New Zealand land do not protect the country's long-term interests, Labour says.

Fonterra progresses purchase of two farm sites in China

Fonterra progresses purchase of two farm sites in China
Wellington, Sept 17 NZPA - Fonterra has signed an agreement to progress the purchase of two dairy farm site in China with a goal of building a supply of New Zealand standard milk there.

OIO dismisses Crafar report

Wellington, Sept 17 NZPA - The Overseas Investment Office has dismissed as incorrect a report that it has either rejected or suggested significant constraints on Hong Kong-based Natural Dairy's application to buy Crafar family farms in the central and lower North Island.

Landcorp believed back in running for Crafar farms: report

Wellington, Sept 17 NZPA - State-owned Landcorp is reportedly back in the running to buy the Crafar family farms in the central and lower North Island.

OIO approves sale of Cedenco to Japanese

OIO approves sale of Cedenco to Japanese
Wellington, Aug 24 NZPA - The sale of financially-troubled East Coast-based vegetable processor Cedenco Foods to a Japanese company has been approved by the Overseas Investment Office (OIO).

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