Fletcher Building Ltd announced today it will undertake a capital return to shareholders of up to $300 million through an onmarket share buyback.
Retirement village owner & operator Arvida Group Ltd said today it would buy 3 retirement villages in Tauranga & Queenstown for $180 million from interests controlled by Fraser Sanderson, a longtime developer.
Tourism Holdings Ltd announced an $80 million capital-raising yesterday, $30 million from a placement to Chinese Government-controlled company HB Holdings Ltd and the balance in a 1:9 rights offer.
The Productivity Commission raises questions on what kind of work you might be doing – or think you might do – and presents 4 scenarios following feedback on its latest research.
Central banks’ job is to manipulate – that’s why they exist. US President Donald Trump chides others for doing their job, but has been pressing for his own central bank, the Federal Reserve, to manipulate harder.
9 sell out of 20 at apartments auction – GDP up 0.6% again – Fed holds rate – Council panel defers freedom camping bylaw decision – A quiet market? This contest took 71 bids – Statesman studio sells – Glen Innes dance studio building sold