There was little to justify the valuation of CBA shares, which have hit several record highs in recent months.
Vital says counter lawsuit by Simon Herbert’s company is ‘currently paused’ in the High Court.
Crescent Capital-backed Viridian NZ says its proposal to acquire or merge with Metroglass continues.
About 53 million shares were not taken up, and will need to be covered by the underwriters.
The California-based hedge fund’s previous campaigns may explain why it wants to get on listed media company’s board.
The ‘conservative’ retailer says it isn’t scared of borrowing as it seeks external funding.
NZME has disclosed the names of Grenon’s three director nominations, as well as two suggestions from the company’s 6.5% shareholder Osmium Partners.
Craigs Investment Partners investment director Mark Lister says the local market is holding up better than the Wall Street's main indices.
Forsyth Barr analysts note the fall in hydro storage since the start of the year is double levels seen in the last 28 years.
The deal means the company has fended off administration, for now.
