FountainVest Partners will buy ZiwiPeak for an undisclosed price and provide it with funds for future growth.
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Activity in the services sector has plummeted during the lockdown, as sales, new orders and deliveries ground to a halt.
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Freight and logistics company Move Logistics has been hit hard by the alert level 4 Auckland lockdown and ongoing supply chain disruptions.
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Supermarkets have been stocking up and South Island construction companies are bracing for even more shortages with two Interislander ferries out from today.
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There has not been a spike in the number receiverships despite the financial difficulties facing industries unable to open under the current lockdown settings.
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The Meat Industry Association says concerns about human rights should be kept away from trade, as it welcomes China’s bid to join the Trans-Pacific Partnership.
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A Tāmaki Makaurau businessman is gathering support for a no-vax, no-entry policy at bars, cafés and restaurants.
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Investors are looking to put more of their money into businesses committed to addressing climate change, but want some assurance the investment will deliver results.
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China has applied to join the Comprehensive and Progressive Trans-Pacific Partnership, the world’s biggest free trade agreement.
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Exemptions have been extended for some building product manufacturers and distributors in Auckland to keep operating.
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