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Latest from Mergers & Acquisitions

US pension plan sues Hart over Pactiv deal
The $6.3bn takeover by Graeme Hart's Reynolds Group of Pactiv Corporation was challenged in a lawsuit by a trade union pension plan.

Family moves to increase control of Michael Hill International
The founders of jewellery retailer Michael Hill International are planning to consolidate their shareholdings in the NZX-listed company as part of a bid to gain voting control.

Wi Fi provider Tomizone makes deal with Skype
Local wireless internet provider Tomizone has partnered with Skype to promote the global giant's new web access product to NZ users.

Three way tussle on cards for NZ Farm Systems
A mystery investor is talking to NZ Farming Systems Uruguay in a move which could spark a three-way scrap over the NZX-listed company.

Don't sell - Olam takeover bid slammed as too cheap
NZ Farm Systems Uruguay shareholders have been told not to sell their shares into the Olam takeover bid.