Sharechat Logo

The week in review

With business editor Nick Stride

Friday 8th March 2002

Text too small?
Chinese forest products company Citic lost its lengthy High Court battle against Fletcher Challenge Forests but said it might appeal. Justice Judith Potter ruled claims Fletcher mismanaged the joint venture Central North Island Forest Partnership could be pursued only by the partnership's receiver, Ferrier Hodgson.

Sharebroker and investment advisor First New Zealand Securities began business following a management buyout of the operations of global investment bank Credit Suisse First Boston.

Dairy co-operative Fonterra extended its DairiConcepts joint venture with Dairy Farmers of America. A DFA plant in New Mexico will be expanded to produce milk protein concentrate and other dairy ingredients.

Shell New Zealand got Commerce Commission clearance to buy The Gas Company, a retailer of LPG and LPG appliances in Canterbury.

  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

KMD Brands announces new Group Chief Financial Officer
Commerce Commission to issue SOI re Viridian application
FBU - Moody's affirms FBU Baa3/stable rating
Contact Energy FY25 Financial Results Presentation
NZX Chief Executive Mark Peterson to depart in April 2026
BRW - Expansion of Napier Production in Post-Cyclone Rebuild
July 24th Morning Report
Air New Zealand 2025 Annual Results Webcast Details
FPH provides Investor Event presentation
Tower to discontinue multi-policy discounts