No fast food sale for Burger Fuel
Covid-19 is eating away opportunities for Burger Fuel to delist or be sold.At its annual general meeting held virtually on Wednesday, chairman Peter Brook said the rationale for remaining a listed company “continued to surface” as a key issue.He said the company had been advised...
AJ Park cleared to buy Baldwins
The Commerce Commission has cleared the merger of intellectual property firms AJ Park and Baldwins. The sale of Baldwins to AJ Park for $7.9 million brings them both under the ownership of ASX-listed IPH. The acquisition sum compares with AJ Park’s $66 million sale to IPH three y...
Cavalier Corp sells Auckland site for $24m
Listed carpet manufacturer Cavalier Corp. said it had entered into a sale and leaseback agreement for its South Auckland manufacturing site to Kinleith Land and Infrastructure Ltd for $24 million. The sale agreement, which is still to be ratified by Cavalier shareholders, is aime...
Weta inks AWS deal
Weta Digital has signed a multi-year deal with Amazon Web Services in a move which the animated movie maker says will better help its movie effects editors work remotely.“The studio will migrate the vast majority of its IT infrastructure to AWS to support a pipeline that includes...
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