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Marketing Guru Appointed To Telecom Board

Wellington, Aug 28 NZPA - Marketing guru Kevin Roberts has been appointed to the board of Telecom, the company announced today.

BG Has NZ Overseas Investment Approval For Origin, Says Contact

Wellington, Aug 28 NZPA - Contact Energy says it has been told that Britain's BG Group has gained New Zealand overseas investment approval to buy Contact's Australian parent Origin Energy. BG Group has launched a hostile bid for Origin, which owns about 51 percent of Contact.

Gain In NZ Booked By Toll

Wellington, Aug 27 NZPA - Australian transport and logistics company Toll Holdings Ltd made a $A225 ($NZ278) million gain on the sale of its rail and ferry business to the government, according to its annual profit report this week.

CSR Cleared To Buy Tile Maker By NZ Commission

Wellington, Aug 27 NZPA - Australian building products company CSR has got permission from the Commerce Commission to buy Ross Roofing, Rosscrete Roofing Tiles and the Ross Brick and Pavers businesses in New Zealand.

Charlies Reports Annual Loss

Wellington, Aug 27 NZPA - Charlies Group, the juice company fronted by former All Black Marc Ellis, was today talking up its new Australian plant, the setting up of which contributed to its annual loss.

Oyster Bay Reports Profit Rise

Wellington, Aug 27 NZPA - Oyster Bay Marlborough Vineyards Ltd today reported an after tax profit of $2.8 million in the year to June 30, up from $1.3m in the same period last year.

Tenon Suffers In US Housing Market

Wellington, Aug 27 NZPA - Tenon, the company left over after a selldown of Fletcher Forest assets, today talked of what it is like to do business in a "near perfect storm".

Fairfax Buys Waiheke Island Newspaper

Wellington, Aug 27 NZPA - Fairfax Media is buying the Waiheke Marketplace community newspaper for an undisclosed sum.

Vector Pushes Its Fibre Optic Credentials

Wellington, Aug 27 NZPA - Vector bosses touted the company's ability to build a billion-dollar plus broadband network in Auckland today as they announced a 29.5 percent fall in net profit.

Sir Ron Signals Retirement From GPG In 2010

By Pam Graham of NZPA Wellington, Aug 27 NZPA - Sir Ron Brierley today signalled his departure from Guinness Peat Group, the investment company he built up with colleagues after losing control of Brierley Investments.

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