Guinness Peat Group says it is bearing up well in the face of the global turmoil - but warns that its biggest subsidiary, the threadmaker Coats, will be affected in the second half of the year by weak...
By ADRIAN CHANG - BusinessDay.co.nz | Sunday, 16 November 2008 The global financial crisis has wiped about $450 million off the fortunes of some of New Zealand's richest businessmen, as international sharemarkets plunge to...
To the markets where the NZX50 is down 13 points to 2,824. Auckland International Airport down 1c to $1.78, Contact Energy down 6c to $7.35, Fletcher Building down 10c to $5.66, Guinness Peat Group down 1c to $1.03, Infratil...
With the hiding the local market has received in the past year or so, it's been pointed out that a number of stocks are looking cheap based on earnings and dividend levels. But the caveat there has always been how sustainable...
The New Zealand sharemarket had a solid start to trading, following a strong performance by United States' equities as US voters choose a new president. Leading stock Telecom rose 2c early to $2.39, after a 7c fall yesterday,...
by Sarah McDonald | Monday November 3 2008 - 11:34am Guinness Peat Group has agreed to support a takeover offer for Australian accounting software firm MYOB – but the price has dropped by a third since another bid earlier this...
Scott Rochfort | October 31, 2008 - 11:50AM THE Sydney-based private equity firm Archer Capital has lobbed a $487 million takeover bid for MYOB and bypassed the board of the Australia's largest listed software firm by mustering...
Scott Rochfort | October 31, 2008 - 11:50AM THE Sydney-based private equity firm Archer Capital has lobbed a $487 million takeover bid for MYOB and bypassed the board of the Australia's largest listed software firm by mustering...
The board of Australian accounting software company MYOB has told its shareholders to resist the temptation to accept an approximately $477 million takeover offer from Manhattan Software Bidco. The board released a statement...
A bargain-hunting investment consortium named Manhattan Software Bidco has offered around $443 million in a takeover bid for Australia's leading accounting software brand, MYOB. Although the standing offer is an all-cash bid of...