Friday 4th April 2003
|Text too small?|
The figure was up 37% on the same period last year. The two buybacks were worth $126 million and $49 million respectively.
PPCS' $38 million acquisition of fellow meat processor Richmond, the $33 million acquisition by ING of AMP's Dress-Smart factories, and Salmond Smith Biolab's $25 million sale of Biolab to Australia's Alesco (see story below) were in third, fourth and fifth place.
Wrightson's market stand for Genesis Research and Development shares was worth $15 million.
Telstra spent $15 million buying Austar out of TelstraClear, Steel & Tube Holdings paid $14 million for Hurricane Wire Products, and Southern Capital paid $10 million buying Hirequip. Investment bank JB Were topped the adviser tables with deals worth $628 million while Cameron & Co came second with $592 million. ­
No comments yet
NZ dollar headed for 1.3% weekly gain on expectations of a Fed rate cut
RBNZ knock-back gives Resolution chance to low-ball AMP - Jarden
Rail hubs may not boost Napier Port log trade
O'Connor looks to overhaul Biosecurity Act, improve animal tracing
Denton Morrell undefended at liquidation hearing
Contact steam to heat Norske Skog pellet business secured
Air NZ to amend booking engine after lawyer’s complaint
Ross McEwan to take helm at NAB
KPMG says bank capital proposals will wreck havoc on dairy farmers
Mild weather saps Vector's June-qtr volumes