Markets
Stock Market
Formica buys remaining 50 percent of Homapal
Auckland, 31 January, 2012 - Fletcher Building Limited announces that its Formica business has reached agreement to acquire all of the shares in Homapal Plattenwerk ("Homapal"), a manufacturer and distributor of metal and specialty laminates, for ?30 million (NZ$48 million).
- LanzaTech raises $55.8 million (24 January 2012)
- Volatility creating long-term opportunities (19 December 2011)
- Fonterra raises 2012 payout forecast 20c (13 December 2011)
- Comvita independent directors expect offer to Lapse (6 December 2011)
Currency
Quiet day for NZD
It was a quiet day for the NZD. Overnight, in generally quiet markets the NZD/USD consolidated around the 0.8340 level.
- Support for NZD eases (3 February 2012)
- Europe data buoys NZD (2 February 2012)
- Improving risk sentiment boost for equities (2 February 2012)
- NZD rise on back of AUS (1 February 2012)
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