(Adds background and response) Wellington, Oct 18 NZPA - Delegat's Wine Estate Ltd is bidding to buy all of the shares it does not already own in Oyster Bay Marlborough Vineyards Ltd after receiving an approach from the independent directors of financially troubled Oyster Bay.

Wellington, Sept 2 NZPA - Wealthy investors pulling money out of South Canterbury Finance (SCF) to get below new limits for the Government's deposit guarantee scheme appear to have compounded the woes of the Timaru-based finance company.

Wellington, Sept 1 NZPA - The focus turned today to who will buy the assets of South Canterbury Finance and the unintended consequences of the Retail Deposit Guarantee Scheme.

Wellington, Aug 31 NZPA - Treasury has already paid the South Canterbury Finance trustees $1.6 billion in a taxpayer bail-out of the beleaguered company, which has gone into receivership.

Wellington, Aug 31 NZPA - Receivers have been called in to South Canterbury Finance (SCF), with Trustees Executors Limited appointing Kerryn Downey and William Black of McGrathNicol. SCF today said it has been unable to complete a recapitalisation and restructure.

Wellington, Aug 30 NZPA - South Canterbury Finance is warning "there can be no certainty" recapitalisation and restructuring proposals will be successfully implemented, while the Serious Fraud Office says it will continue investigating related companies operated by Timaru businessman Allan Hubbar

Wellington, Aug 30 NZPA - South Canterbury Finance is warning "there can be no certainty" recapitalisation and restructuring proposals it has been pursuing will be successfully implemented.

Wellington, Aug 27 NZPA - The future of ailing finance company South Canterbury Finance (SCF), placed in a trading halt today, may be decided on Monday, with two investment offers understood to be on the table.

Wellington, Aug 27 NZPA - The future of South Canterbury Finance should soon be clarified after a trading halt was placed on the finance company's securities today, ahead of an announcement expected early next week.

Wellington, Aug 11 NZPA - South Canterbury Finance is warning investors to take professional advice before considering any offers to buy their securities at prices heavily discounted below those on the NZX trading platform.