Takeover
Mercury says it will have about 780,000 connections across both energy and telco services once the acquisition of the Trustpower assets has been completed
21st Jun 21, 11:41am
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Mercury says it will have about 780,000 connections across both energy and telco services once the acquisition of the Trustpower assets has been completed
Government controlled power generator and retailer Mercury is buying the NZ assets of Tilt Renewables in a deal that will see Australia's PowAR buy out the Australian assets of Tilt
15th Mar 21, 9:56am
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Government controlled power generator and retailer Mercury is buying the NZ assets of Tilt Renewables in a deal that will see Australia's PowAR buy out the Australian assets of Tilt
Infratil says its CEO of the past 12 years Marko Bogoievski is leaving the job in April, but he will be staying on as chief executive of Infratil's manager Morrison & Co
10th Feb 21, 9:53am
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Infratil says its CEO of the past 12 years Marko Bogoievski is leaving the job in April, but he will be staying on as chief executive of Infratil's manager Morrison & Co
Trustpower says it is 'testing market interest' in its retail energy business that has over 230,000 customers
28th Jan 21, 12:26pm
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Trustpower says it is 'testing market interest' in its retail energy business that has over 230,000 customers
David Hargreaves has a look at the curious emergence of takeover interest in the owner of Wellington Airport, Vodafone NZ and TrustPower
9th Dec 20, 2:51pm
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David Hargreaves has a look at the curious emergence of takeover interest in the owner of Wellington Airport, Vodafone NZ and TrustPower
Infratil, owner of Wellington Airport, Vodafone NZ, Trustpower and Tilt Renewables, rebuffs $5.4 billion offer from AustralianSuper; Infratil share price rockets
9th Dec 20, 8:56am
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Infratil, owner of Wellington Airport, Vodafone NZ, Trustpower and Tilt Renewables, rebuffs $5.4 billion offer from AustralianSuper; Infratil share price rockets
Swedish private equity company in legal battle with retirement village operator Metlifecare over an aborted takeover offer unexpectedly launches new takeover bid - but at lower price
6th Jul 20, 10:48am
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Swedish private equity company in legal battle with retirement village operator Metlifecare over an aborted takeover offer unexpectedly launches new takeover bid - but at lower price
The Swedish private equity company looking to terminate its deal to buy Metlifecare says that the retirement village operator will be adversely affected by the virus over the next three financial years
28th Apr 20, 11:44am
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The Swedish private equity company looking to terminate its deal to buy Metlifecare says that the retirement village operator will be adversely affected by the virus over the next three financial years
In what could be a taste of things to come, an overseas buyer is seeking to walk away from an agreed deal to buy one of the country's largest retirement village operators
8th Apr 20, 10:53am
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In what could be a taste of things to come, an overseas buyer is seeking to walk away from an agreed deal to buy one of the country's largest retirement village operators
A new survey conducted for law firm Simpson Grierson has found 77% of the businesses contacted intend to reinvest here within the next three years; Govt not seen as supportive, however
16th Oct 19, 5:00am
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A new survey conducted for law firm Simpson Grierson has found 77% of the businesses contacted intend to reinvest here within the next three years; Govt not seen as supportive, however
NZX-listed Infratil is part of a consortium buying the New Zealand assets of Vodafone for $3.4 bln
14th May 19, 9:00am
NZX-listed Infratil is part of a consortium buying the New Zealand assets of Vodafone for $3.4 bln
Vero walks away from appeal of Commerce Commission decision to block Tower takeover as it sees 'significant litigation risk' and the deal outlining the proposed acquisition expires
7th Nov 17, 12:06pm
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Vero walks away from appeal of Commerce Commission decision to block Tower takeover as it sees 'significant litigation risk' and the deal outlining the proposed acquisition expires
Tower supports Vero as it challenges the Commerce Commission's decision to prevent the insurers from merging; Tower to push on with plans to raise capital
23rd Aug 17, 9:14am
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Tower supports Vero as it challenges the Commerce Commission's decision to prevent the insurers from merging; Tower to push on with plans to raise capital
Fairfax Financial Holdings leaves Aussie insurer to bid for an even larger share of the New Zealand insurance market
29th Jun 17, 3:37pm
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Fairfax Financial Holdings leaves Aussie insurer to bid for an even larger share of the New Zealand insurance market
Suncorp's Vero to buy all of Tower's shares for $1.40 each pending shareholder and regulatory approval; Canadian giant outbid in battle for struggling insurer
27th Jun 17, 3:42pm
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Suncorp's Vero to buy all of Tower's shares for $1.40 each pending shareholder and regulatory approval; Canadian giant outbid in battle for struggling insurer
Tower gets $30 million cash advance from BNZ as quake costs see it only $5 million away from breaching the RBNZ solvency requirements
24th May 17, 2:53pm
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Tower gets $30 million cash advance from BNZ as quake costs see it only $5 million away from breaching the RBNZ solvency requirements
Michael Stiassny says bidders eyeing a Tower takeover will need to pay at least $1.40 per share; Says the Board's considering a capital raising
30th Mar 17, 3:53pm
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Michael Stiassny says bidders eyeing a Tower takeover will need to pay at least $1.40 per share; Says the Board's considering a capital raising
Vero agrees to pay 10 cents more per share in $15.8 million deal to increase its stake in Tower to nearly 20%; Move could bump up Vero's offer in takeover bid
14th Mar 17, 3:08pm
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Vero agrees to pay 10 cents more per share in $15.8 million deal to increase its stake in Tower to nearly 20%; Move could bump up Vero's offer in takeover bid
Suncorp argues if the ComCom allowed IAG to acquire AMI and Lumley, it's only fair it approves its application to take over Tower
3rd Mar 17, 1:05pm
Suncorp argues if the ComCom allowed IAG to acquire AMI and Lumley, it's only fair it approves its application to take over Tower
Suncorp attempts to win over Tower shareholders in its takeover battle with 'escalation payment' agreements
2nd Mar 17, 1:19pm
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Suncorp attempts to win over Tower shareholders in its takeover battle with 'escalation payment' agreements
New Zealand's second largest general insurer aims to increase its market share to 30%, offering to pay more than 'Canada's Berkshire Hathaway' to buy Tower
22nd Feb 17, 9:48am
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New Zealand's second largest general insurer aims to increase its market share to 30%, offering to pay more than 'Canada's Berkshire Hathaway' to buy Tower
A.M. Best places Tower's credit rating under review pending its sale to Fairfax Financial Holdings; Says it will consider the extent of Fairfax’s 'financial support' to determine a rating
17th Feb 17, 1:58pm
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A.M. Best places Tower's credit rating under review pending its sale to Fairfax Financial Holdings; Says it will consider the extent of Fairfax’s 'financial support' to determine a rating
Tower board, major shareholders back $197 million takeover bid from Canada's Fairfax Financial Holdings; Tower's share price rises as trading resumes
9th Feb 17, 1:07pm
Tower board, major shareholders back $197 million takeover bid from Canada's Fairfax Financial Holdings; Tower's share price rises as trading resumes
PGG Wrightson says has been approached by a rival bidder to China's Agria