Recommendation comes despite the board saying the 45 cents a share offer undervalues the listed telco infrastructure business.
Monthly energy costs have added to a perfect storm of headwinds at the country's biggest building materials group.
Sky Sport Now revenue surpasses Neon entertainment for first time, but puts more pressure on Sky's negotiations with NZ Rugby at year's end.
Listed car company says it was a year of ‘two halves’ as higher interest rates and subdued consumer demand resulted in a weaker performance.
New Zealand and Australian pizza chain stores posted a record result.
The milk processor’s $218m placement is better for retail shareholders than the ‘slaughter’ of a rights issue, says chair.
Building company blames soft market and ‘significantly lower’ revenues in its materials and distribution divisions, foreshadows sale of residential business.
Shareholders Bright Dairy and A2 Milk will support a placement to avert insolvency.
The renewable electricity generator and retailer warns against kneejerk reaction to high spot prices.
Auckland property developer Simon Herbert wants to acquire 50.01% of the listed telco.