New Zealand

NZ's Meridian IPO well received

According to a statement from NZ Finance Minister Bill English, nearly half of the IPO shares in Meridian Energy was already spoken for by New Zealand brokers.

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Cyber criminals target NZ major retail chain

A major retail chain in New Zealand was the subject of a phishing attack from overseas criminals.

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NZ government provides novel approach to Meridian Energy IPO float

In a bid to expand sales and revenues for its sale of shares, the NZ government allowed a two part installment payment plan for the purchase of the shares from Meridian Energy.

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New Zealand Prime Minister vows to reach NZD5 billion revenues from asset sales

NZ Prime Minister John Key, despite the write down of key assets, expects to reach the lower end of initial targets for revenues for share sales of government owned interests.

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Fonterra faces legal action from Danone-owned milk formula maker

After global food safety scare, Danone SA unit plans to take legal action against New Zealand's Fonterra.

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New Zealand and Taiwan creates first joint venture capital fund

The governments of New Zealand and Taiwan created the Pan Pacific Capital Fund, a joint venture capital which is the first of its kind.

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NZ "Spying Bill" draws criticism from Microsoft

Microsoft expressed its concern regarding the "Spying on Kiwis" Bill during a committee meet last Thursday.

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Wellington joins 4G party through Vodafone

Vodafone upgraded the New Zealand capital's wireless networks to 4G technology.

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Microsoft makes Bing Ads available in Australia, New Zealand

Microsoft announced that it already launched Bing Ads in Australia and New Zealand.

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Chatham produces US$1.60 million in its IPO

Chatham announced that the net proceeds they got from their IPO did not meet its expectations of US$4 million.

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IPO's of NZ-owned utility companies to be a hard task

Equity analysts said that uncertainty over the future of state-owned utility companies could hamper its privatization.

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Riverside Company makes first investment in New Zeland

Global equity firm Riverside company purchased a share in a New Zealand firm that caters to pharma companies.

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Riverside acquires enough shares to control Simcro Ltd

Simcro sells Riverside Co enough shares for the American company to control it.

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A NZ firm is the first to apply in NZ-Taiwan joint fund

A New Zealand company submitted its offer to join a New Zealand-Taiwan venture capital fund.

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NZ's Synlait Milk to raise NZ$120 mln in IPO

New Zealand's Synlait Milk Ltd. planned a share sell off and an IPO to raise a total of NZ$120 million making it end the majority stake held by China's Bright Dairy.

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