Recommendation comes despite the board saying the 45 cents a share offer undervalues the listed telco infrastructure business.
The FMA for the first time cancelled a licence yesterday for continued material breaches.
Sale labelled ‘important step’ ahead of AMP Capital demerger next year.
KPMG Restructuring was last year appointed temporary manager of Fund Managers Otago’s schemes.
Positive investor confidence survey comes with some worry for regulator.
New CIO Ronan McCabe brushes off omission from KiwiSaver default provider list.
Margin Call: Greg Fleming lists seven rules for those putting money into income investment funds.
The Tauranga-based PE firm is nearly $20m oversubscribed for its second fund.
AIA stock surged more than 6% after Sydney peer targeted by infrastructure consortium.
Market Outlook: Harbour Asset Management portfolio manager Shane Solly on the week ahead.