Latest from National Business Review
National Business Review
4 days ago
- Business
- National Business Review
US$2.5b deal will double Xero revenues by 2028, says CEO
Investment 3 mins to read US$2.5b deal will double Xero revenues by 2028, says CEO Analysts say Xero is paying a high multiple to buy US payments company Melio, but are positive about the strategy and the growth prospects. Melio says it's America's fastest-growing bill pay and invoicing system.
National Business Review
5 days ago
- Business
- National Business Review
Fletcher discloses huge new costs to hit full-year result
Fletcher Building has flagged another huge loss ahead with newly disclosed restructuring and impairment costs of $300-$500 million for the year to June. In presentation documents released to the NZX for the company's investor day, which is closed to media, Fletcher said it was expecting earnings
National Business Review
6 days ago
- Business
- National Business Review
Kiwi agritech Halter valued at $1.65b following $165m cap raise
The founder of agritech company Halter says he 'can't imagine doing anything else' after the company closed a $165 million Series D funding round, which has valued the company at $1.65 billion. Halter was founded by chief executive Craig Piggott in 2016 and sells high-tech collars to manage
National Business Review
6 days ago
- Business
- National Business Review
Nervousness as markets watch Iran conflict unfold
Markets are closely monitoring whether an oil price shock will eventuate if the Middle East conflict ratchets up further. The conflict ramped up on Sunday after the US launched unprecedented surprise strikes on three neclear sites in Iran using B-2 stealth bombers. This further escalated tensions
National Business Review
6 days ago
- Business
- National Business Review
Spark accepts bid for stake in Aussie telco
Listed telecommunications company Spark has accepted an offer to sell its 10% stake in ASX-listed Hutchison Telecommunications Australia, despite calls for it to reject the bid by Hong Kong billionaire Li Ka-shing. Li Ka-shing's CK Hutchison Holdings in May announced an offer for the 12.3% of HTA
