Michael Hill International Ltd [NZX:MHJ] has seen a fall of over 2% on the New Zealand Stock Exchange as trading closed yesterday.
Trade Me’s share price has risen again to hit a new high of $6.38. This comes as the bidding war over the company heats up.
The share price for Restaurant Brands New Zealand Limited has surged by over 3% this morning. This comes on the back of an announcement that the Taco Bell chain is finally coming to the country.
Today, Trade Me’s share price rose by 2.48% to a new high of $6.20. This is the latest development in the Trade Me buyout saga.
Trade Me Group Ltd’s share price has surged today by over 2%.Trade Me is New Zealand’s most popular auction platform — listing everything from property to cars to pets.
Pushpay is a Kiwi company which provides software to the non-profit sector. Today, following a period of downturn, their NZX share price has rebounded by over 5%.
Metro Performance Glass is a 30-year-old New Zealand glass supply company with over 900 employees. Yesterday morning its NZX share price opened at 40 cents, down from 54 cents on Friday.
Today, Trade Me received a $2.5 billion takeover offer. British private-equity firm Apax Partners made a proposal of $6.40 per share.
Fletcher Building’s share price has plunged by 8.11% today. Fletcher Building is one of New Zealand’s largest listed companies.
The Sky Network Television Limited [NZX:SKT] share price has dived by 2.8%. Sky — founded in 1987 — is New Zealand’s largest pay-per-view satellite TV provider.
Fletcher Building confirmed today that it has sold international roofing products manufacturer Roof Tile Group (RTG) for $59.8 million.
The stock value for Synlait Milk Ltd [NZX:SML] rose by over 3% today. Synlait Milk holds the exclusive rights as the manufacturer of the popular dairy product for The a2 Milk Company [NZX:ATM]
AMP Limited’s stock value has decreased by 10.67% today. On top of this, AMP announced the outcome of the completion of its portfolio review.
The share price for Templeton Emerging Markets Investment Trust PLC [NZX:TEM] has fallen by over 2% today. Why has this happened?