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Less than a week after Veritas Investments Limited ("Veritas") announced that it had met profit forecasts and declared increased dividends, it has entered into a conditional agreement to purchase the Nosh Food Market business and assets ("Nosh") from Nosh Management Limited as a going concern.
The Commerce Commission has received an application from Connor Healthcare Limited seeking clearance to acquire all of the shares that it does not currently own in Acurity Health Group Limited. Connor Healthcare already has a 12% shareholding in Acurity.
My Food Bag - the home delivery business that sparked a transformation in food retailing - has won a Judges’ Choice award at the 2014 TVNZ NZ Marketing Awards.
Founded in Auckland in March 2013, My Food Bag has won the emerging business / new brand category in the prestigious awards.
ANZ Business Outlook August 2014
Waning business sentiment is turning into a trend, declining for the sixth successive month.
The latest New Zealand Manufacturers and Exporters Association (NZMEA) Survey of Business Conditions completed during August 2014, shows total sales in July 2014 decreased 8.07% (year on year export sales increased by 12.03% with domestic sales decreasing 27.48%) on July 2013.
Rental returns for commercial property in Wellington are reflecting a two-speed economy - with properties either showing healthy dividends, or struggling, according to latest real estate research data.
The trend for the number of new dwellings consented is at its highest level since August 2007, Statistics New Zealand said today.
Kiwi Group Holdings Limited ("KGH"), which includes Kiwibank Limited and associated companies involved in Wealth Management, Insurance and New Zealand Home Loans, has achieved an after tax profit of $107 million for the year ended 30 June 2014.
New Zealand Post Group’s $107 million profit shows the company is not in crisis and can afford to carefully consider any future job losses, says the union representing NZ Post workers.
Just a stone’s throw from Vanuatu’s tiny Lonorore Airport, on Pentecost Island, an ancient ‘’land diving" tradition is attracting worldwide interest in this remote corner of the Pacific. Accessing this remote spot, however, is notoriously weather dependent.
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