NZX-listed company Bremworth is beginning a strategic review of its ownership structure following recent approaches from parties interested in the wool-carpet manufacturer.
The Morrison family, from Rosedale, in the Waikaka Valley, near Gore, celebrated 150 years on the land at the weekend. They talk to business and rural editor Sally Rae.
Westpac has bumped up its farmgate milk price forecast for this season by 30c to $10.30, citing resilience in world dairy prices and a lower New Zealand dollar.
Independent directors of Millennium and Copthorne Hotels have described a takeover bid by its majority shareholder CDL Hotels Holdings New Zealand Ltd as "too low" and "inadequate".
The multimillion-dollar debts keep mounting for companies associated with a failed Southland Wagyu beef operation, which promoted its cattle as receiving massages and having music played "to keep...