Northport calls for Ports of Auckland cargo to be thrown its way ahead of relocation

Northport calls for Ports of Auckland cargo to be thrown its way ahead of relocation

By Fiona Rotherham July 8 (BusinessDesk) - Northport is calling for further discussions on "unbundling" alternatives to the growth issues facing Ports of Auckland although any decisions on more detailed studies into port relocation have been shelved for the incoming Auckland C...

Fiona Rotherham 08 Jul 2016
Nuplex CEO Severin reaps $10.3 mln windfall from $1 bln Allnex takeover

Nuplex CEO Severin reaps $10.3 mln windfall from $1 bln Allnex takeover

By Fiona Rotherham July 7 (BusinessDesk) - Emery Severin, chief executive of resins company Nuplex Industries, is due a $10.3 million cash payout following a shareholder vote in favour of a $1 billion proposed takeover by private equity-backed Belgian company Allnex. At a s...

Fiona Rotherham 07 Jul 2016
Nuplex shareholders OK $1 billion Allnex takeover

Nuplex shareholders OK $1 billion Allnex takeover

By Fiona Rotherham July 7 (BusinessDesk) - Sixty-four years after it was founded and 49 years since it listed on the NZX, New Zealand-based global resins company Nuplex Industries is set to pass into the hands of private equity-backed Belgian company Allnex following a shareho...

Fiona Rotherham 07 Jul 2016
Tech firm VMob to change name to Plexure

Tech firm VMob to change name to Plexure

By Fiona Rotherham July 7 (BusinessDesk) - VMob, the mobile advertising firm, is changing its name to Plexure Group to better reflect the connective role it plays with global retail customers such as McDonald’s and Ikea. Plexure, is from the Latin word plexus, which means t...

Fiona Rotherham 06 Jul 2016