Browsing Tag
New Zealand
125 posts
Kip McGrath (ASX: KME) takeover turns unconditional as Crimson lifts cash offer to 75c
Crimson Consulting Australia has increased its takeover offer for Kip McGrath Education Centres to A$0.75 per share and removed all remaining defeating conditions, prompting the target's board to unanimously recommend acceptance ahead of the 19 October deadline.
October 12, 2026
GenusPlus Group (ASX: GNP) expands into New Zealand with up to NZ$65m telecoms acquisition
GenusPlus Group has agreed to acquire Universal Communications Group Holdings, adding telecommunications maintenance capabilities and exposure to Chorus while making a substantial portion of the purchase price contingent on earnings growth.
October 12, 2026
Cleanaway’s (ASX: CWY) A$9.4bn takeover is still alive, but why has EQT requested more time?
EQT Infrastructure has reaffirmed its proposed acquisition of Cleanaway Waste Management while extending exclusive negotiations until 19 October, leaving investors waiting for a binding agreement.
October 12, 2026
Can microbes cut farmers’ fertilizer bills? BioConsortia’s $15m bet is getting serious
BioConsortia has secured $15 million in fresh equity funding to accelerate commercialization of Always N and Zaffre. Stronger reported adoption in New Zealand and promising corn yield trials support expansion, but manufacturing economics, regulatory approvals and consistent field performance remain central to its global ambitions.
October 11, 2026
Multiplier acquires Greenhawk after $35m funding round valued platform at $300m
Singapore-based Multiplier Holdings has acquired New Zealand accounting and tax advisory firm Greenhawk, adding more than 1,000 clients and 22 employees to a technology-led professional-services consolidation strategy that recently attracted $35 million of fresh funding at a reported $300 million valuation.
September 8, 2026
New Zealand under-16 social media ban gains Labour backing despite coalition revolt
New Zealand’s Labour opposition has backed Christopher Luxon’s under-16 social-media ban, potentially rescuing legislation opposed by two government coalition partners.
August 26, 2026
New Zealand’s rooftop solar record just jumped to 5.3MW, but what does JA Solar really gain?
JA Solar Technology has supplied 8,273 modules for Fisher & Paykel Healthcare’s 5.3 MW Auckland rooftop system, a record project whose strategic value extends far beyond its modest contribution to JA Solar’s global shipment volume.
August 20, 2026
Zip shares jump 16% as US growth drives record A$269m cash earnings
Zip shares jumped 16% after FY26 cash EBTDA rose 58% to A$268.9m, with US growth driving a A$340m FY27 earnings target.
August 20, 2026
Fletcher Building shares jump 5.5% as NZ$647m profit swing still fails dividend test
Fletcher Building returned to a NZ$228m profit and cut debt 36%, but dividends remain suspended as ASX waits for sustainable free cash flow.
August 19, 2026
Downer EDI (ASX: DOW) adds A$900m-plus utility work, but not every dollar is equally locked in
Downer has announced A$900m-plus of utility work, but options and panel allocations mean revenue certainty varies across the four major contracts.
August 19, 2026