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Vodafone NZ buys remaining stake in retail joint venture
Vodafone New Zealand has purchased the remaining 50% stake in the specialist joint venture (JV) with private equity company Millennium Corp.
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Vector Capital to be majority shareholder of WatchGuard
WatchGuard Technologies has announced it has entered into a definitive agreement with Vector Capital to make a large new equity investment in the business.
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Stock Market
Energy sector leads turbulence across global economy
Exxon Mobil – the largest United States oil and gas company – suffered the hardest hit, losing a market cap of US$82.02 billion in the last six months.
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Stock Market
US oil & energy providers hit by plunging market cap in 1H 2020
As the COVID-19 coronavirus pandemic continues to lead many market sectors into turbulence, the energy sector has not escaped unscathed.
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Shareholders of Yota call out company for ‘urgent action and changes’
The group are ‘deeply concerned’ that China Baoli has mismanaged Yota and that there are huge changes needed for the smartphone company.
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EMC shareholders approve Dell merger with 98% of votes
EMC have announced that its shareholders have approved the Dell merger agreement with 98% of voters in favour.
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NZ Dollar
NZ dollar heads for 0.9% fall as US jobs report looms
The kiwi fell to 77.78 US cents at 5pm in Wellington from 78.49 cents on Friday in New York last week.
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Trade Me
Trading of Trade Me shares halted - Updated
Owners Fairfax Media owners confirm 15% share sale, advising that share trading will remain on hold while a ‘book build’ in connection with the sale is completed.
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Facebook shares falter for second straight day
The finger-pointing begins as extent of financial slide becomes clear.
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SmartPay closes Redeemable Preference Share offer
"Unfortunately the New Zealand market simply does not yet have an appetite for this type of offer."
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Renaissance to re-acquire shares from former CEO
604,470 shares in Renaissance are to be transferred back to the company from former CEO Paul Johnston.