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A2 Milk changes Chinese supply approach for infant formula
Shares

A2 Milk changes Chinese supply approach for infant formula

A2 Milk Co has agreed to make China State Farm Holdings Shanghai the sole importer of its a2Platinum infant formula while the milk marketer will ta.

By Pattrick Smellie • 2 min read • Fri, 21st Nov 2014
MARKET CLOSE: NZX 50 rises to record, led by A2 Milk; Genesis, Meridian gain
Power / Energy

MARKET CLOSE: NZX 50 rises to record, led by A2 Milk; Genesis, Meridian gain

NZX 50 hits record high, driven by A2 Milk's ASX dual-listing news and strong gains in energy and property sectors.

By Pattrick Smellie • 3 min read • Tue, 18th Nov 2014
CORRECT: Telstra spends $20 million for 2% of Orion Health in IPO bookbuild
Unified Communications

CORRECT: Telstra spends $20 million for 2% of Orion Health in IPO bookbuild

Telstra Health, a unit of Australia's largest telecommunications business Telstra Corp, bought 2 percent of Orion Health Group in the healthcare ma.

By Pattrick Smellie • 3 min read • Thu, 13th Nov 2014
CORRECT: Singapore's GIC expands NZ presence, buying into 5 Westfield malls
Shares

CORRECT: Singapore's GIC expands NZ presence, buying into 5 Westfield malls

GIC, the Singaporean investment fund, has entered a joint venture with Scentre Group, the trans-Tasman Westfield mall owner and operator, paying $1.

By Pattrick Smellie • 1 min read • Fri, 7th Nov 2014
CORRECT: Orion to raise $125 mln at $5.70 a share, top of the range
Health Technologies

CORRECT: Orion to raise $125 mln at $5.70 a share, top of the range

Shares of Orion Healthcare Group, which develops software systems for patient health management, have been priced at $5.

By Pattrick Smellie • 2 min read • Fri, 7th Nov 2014
APN to take $54 mln charge on NZ mastheads, sees 5.1% drop in NZME's 2015 earnings
NZX

APN to take $54 mln charge on NZ mastheads, sees 5.1% drop in NZME's 2015 earnings

APN News & Media will take a $54 million impairment on its New Zealand newspaper mastheads in its 2014 results and forecast a 5.

By Pattrick Smellie • 3 min read • Thu, 6th Nov 2014
Xero seeks short-term cash cover
Fintech

Xero seeks short-term cash cover

The cloud accounting software firm expects to make more losses in its push to become a global player and may raise more cash to pay for those plans.

By Pattrick Smellie • 2 min read • Tue, 9th Oct 2012
Researchers endorse Trade Me IPO
Trade Me

Researchers endorse Trade Me IPO

Woodward Research endorses Trade Me IPO, citing strong cash flows and profitability. The company to raise NZD $363.5 million from a 34% stake sale.

By Staff Writer • 2 min read • Tue, 22nd Nov 2011

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