Toi Foundation to proceed with selling TSB to Heartland, ignoring bid from Kiwibank’s owner
“From the proposals we received, Heartland Group Holdings is the best deal. This is both in terms of…
Kiwibank makes eleventh hour push to buy TSB, as community efforts to stall the bank’s sale to Heartland fail in court
Today, Kiwi Group Capital chairman David McLean doubled down. “We have communicated our interest in TSB,” he told…
Tourism Holdings returns to profit despite Middle East impacts
The New Zealand fleet increased by 611 vehicles to 2778, with revenue per average rental vehicle falling 5.2%…
Taranaki locals’ opposition to TSB-Heartland merger heard in court; Judge’s decision to be unveiled on Tuesday
One of the community group’s lawyers, Daniel Grove, challenged this, pointing to cases where the courts had intervened…
Powerco profit jumps 348% as ‘paper’ derivative gains lift result
However, Powerco’s lines charges, regulated by the Commerce Commission, have increased. Powerco has upped its lines charges to…
Peter Huljich handed seven-year ban over Pushpay share sale
Huljich is now prohibited – for seven years from the date of his conviction (November 3, 2023), without…
Qantas selling Jetstar Japan stake, new airline to take over
The Development Bank of Japan will acquire an equity interest, entering as a new shareholder. The share buyback…
CCHL rejects Tōnui Consortium proposal to lease Lyttelton Port
CCHL chair Bryan Pearson acknowledged the work undertaken by the consortium. “Lyttelton Port is a strategic asset for…
Gurpreet Singh’s ex-wife rejects claims she diverted funds designed to pay Yasmine Holdings’ million-dollar tax bill
“He’s just trying to make me a scapegoat.” The woman said she had acrimoniously separated from Singh two…
Mimi Gilmour: Rebuilding after Burger Burger receivership
Of course she has a plan. If wealth was measured in sheer force of will, Gilmour would be…
Weiti project developer Green & McCahill Holdings owes creditors $73m, liquidators say
Directors are Tung-kuang Liu and Gianna Lee Evans. Fisk and Bennett said Green & McCahill Holdings was incorporated…
Tourism Holdings receives additional higher $741m takeover offer
The additional offer is subject to a number of conditions, including the satisfactory completion of due diligence, final…