close
MENU
Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
3 mins to read

Tegel’s board has its cake and eats it too

Writing down goodwill would have breached a takeover condition.

Jenny Ruth
Mon, 11 Jun 2018

Tegel Group Holdings chairman David Jackson says the board didn’t take the Bounty takeover offer’s conditions into account when it decided not to write down goodwill.

The auditor, PricewaterhouseCoopers, says the Bounty takeover offer, which directors are unanimously recommending, implies a

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Jenny Ruth
Mon, 11 Jun 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Tegel’s board has its cake and eats it too
75310
true