ConstructionFletcher selling Pacific Steel assetsBlueScope Steel, Australia's largest steelmaker and owner of the New Zealand Steel mill, has agreed to buy assets of Fletcher 16 Feb 09:40 PM
AirlinesMerger creates world's biggest airlineAmerican Airlines emerged from bankruptcy protection and US Airways culminated its long pursuit of a partner as the two completed their merger deal today.09 Dec 08:30 PM
TelecommunicationsAAPT sale price gets analyst approvalTelecom has sold its Australian AAPT unit for A$450m to ASX-listed internet service provider, TPG Telecom, beating initial expectations of what the unit would go for.08 Dec 11:00 PM
BusinessAquisition plans jumpThe number of NZ firms intending to make acquisitions has jumped in the past six months, according to a report by EY.28 Nov 04:30 PM
Business$500m written off Independent LiquorTokyo-listed liquor giant Asahi has written more than $500m off the carrying value of NZ's Independent Liquor, the brewing company it purchased for $1.5b in 2011.30 Oct 02:05 AM
SharesNo reply as Abano tells Hutson to name priceA call by Abano Healthcare for former director Peter Hutson to come up with a price for his half of their jointly owned audiology business has failed to illicit a public response.08 Oct 04:30 PM
BDBDMedia and marketingMediaWorks sale confirmedThe sale of media company MediaWorks has been confirmed this morning by its receivers KordaMentha.14 Aug 11:30 PM
BusinessCommission to probe parking dealThe Commerce Commission has confirmed it will investigate a big Auckland car parking deal.20 Jun 10:20 PM
TelecommunicationsOrcon sold to local investorsKordia has sold Orcon to a group of local investors, headed by Vivid Networks managing director Warren Hurst.15 Apr 02:12 AM
BDBDEconomyWall St extends decline overnightWall St extended losses for a second day amid concern the Federal Reserve's stimulus for the US economy might end sooner than expected.21 Feb 06:45 PM
BusinessAsahi alleges 'channel stuffing' at beer firmThe former private equity owners of New Zealand's Independent Liquor allegedly used a technique known as "channel stuffing" to artificially boost the company's earnings in the lead-up to its $1.5 billion sale to Japanese beer giant Asahi.17 Feb 10:45 PM
BusinessAsahi kicks off legal actionA legal stoush is brewing over the $1.5 billion price tag Japanese beer maker Asahi paid for Auckland-based Independent Liquor in 2011.13 Feb 10:55 PM