A2 Milk agrees to A$62m settlement in shareholder class action case
The full settlement amount will be met by available insurance proceeds, with no impact on 2026 earnings. “In…
Media Insider: Major NZME shareholder Spheria Asset Management explains selldown of shares; Jim Grenon now media firm’s biggest shareholder
“As you may be aware, the major superannuation funds in Australia are swallowing smaller ones, which is affecting…
Denis O’Brien emerges as major shareholder in Whakatāne Mill recapitalisation
During 2024, the mill undertook a significant investment, spending $128 million upgrading equipment and technology to increase production…
Fonterra shareholders say ‘oui’ to $3.2b capital return from sale of Mainland to Lactalis
The co-operative is targeting a tax-free capital return of $2.00 per share to shareholders and unit holders, equivalent…
Alliance Group CEO Willie Wiese steps down after Dawn Meats deal
He thanked Wiese for his commitment in leading the significant turnaround of the company. Wiese said he had…
Media Insider: Julian Batchelor v TVNZ defamation hearing – the 9-minute call at centre of case
TVNZ and former Disinformation Project research director Dr Sanjana Hattotuwa are being sued by Batchelor following the August…
Media Insider: Julian Batchelor v TVNZ defamation case – former TVNZ presenter Peter Williams takes stand in support of Jim Grenon-funded Batchelor claim
TVNZ is defending its work and Hattotuwa is defending his comments in the story. TVNZ’s story focused on…
Nvidia earnings boost global markets as NZ sharemarket closes up – Market close
Hamilton Hindin Greene investment adviser Jeremy Sullivan said markets were having a positive day largely across the board,…
Kathmandu owner KMD Brands tells shareholders it paid too much for footwear brand Oboz
“We have taken steps to manage the cyclical downturn and market volatility we have seen in the last…
Comvita’s cornerstone shareholder backs Florenz bid
The cornerstone shareholder, Li Wang, said her family were long-term supporters of Comvita, having established the market in…
Alpine Medical Hardware director William MacKenzie gets home detention for bribing public official
These payments were never disclosed to ADHB, despite the manager being under a legal and contractual obligation to…
Michael Hill New Zealand store sales down in first update for 2026
“As we turn the page to a new chapter, we are excited to welcome our new CEO, Jonathan…