TelcoNews UK - Telecommunications news for ICT decision-makers

Acquisition stories - Page 216

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Freightways first-half profit jumps 21% as sales, margins grow from couriers, data management
Mon, 23rd Feb 2015
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sales
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freightways
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information management
Freightways posted a 21 percent gain in first-half profit after lifting sales and fattening margins at its courier and information management units.
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Steel & Tube posts 35% gain in first-half profit on uplift in construction
Thu, 19th Feb 2015
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sales
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steel & tube
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construction
Steel and Tube shines with a robust 35% profit surge, buoyed by the booming construction sector and strategic acquisitions.
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Netflix to add ANZ 'local flavour' - but where's the Kiwi content?
Thu, 19th Feb 2015
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gaming
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digital entertainment
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netflix
There is no confirmed comment yet on what, if any, New Zealand-made content will be made available through Netflix.
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Tenon delivers $2m profit in first half, on track for 2016 dividends
Wed, 18th Feb 2015
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tenon
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banking
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acquisition
Tenon, whose locally produced wood mouldings are sold in the US, turned a first-half profit as an improving US housing market pushed revenue, as fo.
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State-owned Japan Post launches A$6.5 bln takeover bid for Toll Holdings
Wed, 18th Feb 2015
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japan post
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toll holdings
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acquisition
Japan Post makes a grand £3.6bn bid for Aussie logistics titan Toll Holdings, with the board's full backing — shares leap in response.
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Complectus continues acquisition spree with Covenant Trustee
Wed, 18th Feb 2015
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perpetual guardian
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complectus
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acquisition
Complectus, which owns trustee firm Perpetual Guardian, has signed a heads of agreement with Covenant Trustee Services as it continues its purchasi.
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UPDATE: IAG's NZ unit doubles 1H profit, lifts premiums on Lumley acquisition
Wed, 18th Feb 2015
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iag
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fy
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revenue
Insurance Australia Group's New Zealand unit, the country's biggest general insurer, more than doubled first-half profit and lifted gross written p.
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Tui writedown turns NZOG to a first-half loss
Wed, 18th Feb 2015
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shares
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sales
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oil and gas
New Zealand Oil & Gas, the exploration company, turned in a loss in its first half after the global drop in oil prices saw it recognise a $13 milli.
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MARKET CLOSE: NZ shares fall; NZX, ANZ down on earnings
Tue, 17th Feb 2015
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nzx
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banking
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industrial
NZ shares dip as NZX's rising costs and ANZ's shrinking margins disappoint investors; NZX 50 Index sees slight decline.
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Evolve on track to secure 85 kindergartens by end of March, eyes more centres
Tue, 17th Feb 2015
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shares
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asx
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evolve education group
Evolve Education Group, the listed childcare business, said it's on track to settle its acquisitions as forecast in its prospectus and is eyeing fu.
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NZX posts 8.3% gain in full-year profit on securities data, listing fees, funds
Tue, 17th Feb 2015
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nzx
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shares
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superlife
NZX, which made its biggest-ever acquisition by buying funds manager SuperLife in 2014, posted annual profit growth of 8.3%.
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Paessler AG boasts sales growth of 40% in ANZ
Tue, 17th Feb 2015
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paessler
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resellers
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anz bank
Paessler AG experiences 40% increase in sales in Australia and New Zealand, making it the company's sixth largest market.
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Russell Jones: Banking on technology
Tue, 17th Feb 2015
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fintech
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banking
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asb bank
ASB's Russell Jones mixes tech and human touch to shape future banking, focusing on customer-centric innovation beyond just the bits and bytes.
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Magic Memories, theme-park snappers, lure Silicon Valley funds with ‘R&D by M&A’ strategy
Fri, 13th Feb 2015
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fintech
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financial systems
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personal computing devices
Magic Memories, which built a $50 million global business taking photographs at tourist attractions and theme parks, has sped its growth by buying.
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Express Data NZ posts substantial profit
Thu, 12th Feb 2015
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express data
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dicker data
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distributors
Express Data NZ posts a GBP £3.2 million profit on GBP £112.3 million revenue for nine months ending June 30, 2014, after Dicker Data acquisition.
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NZOG seeks 30% of Cue Energy via full takeover bid
Thu, 12th Feb 2015
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power / energy
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oil and gas
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cue energy
New Zealand Oil & Gas is fulfilling industry analysts' predictions that falling oil prices would prompt mergers and acquisitions among smaller loca.
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Vista agrees to buy US-based Ticketsoft, extending North American footprint
Wed, 11th Feb 2015
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data analytics
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martech
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commerce systems
Vista Group International, the cinema software and analytics company, has conditionally agreed to acquire Ticketsoft, a Dallas, Texas-based company.
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Enprise could raise $4.8 million in share purchase plan to fund expansion
Tue, 10th Feb 2015
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uc
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fintech
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financial systems
Enprise Group, the software company that listed on the NZAX in December, may raise as much as $4.8 million in a share purchase plan to fund its expans.
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Enprise could raise $4.8 mln in share purchase plan to fund expansion
Tue, 10th Feb 2015
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uc
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contact centre
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enprise group
Enprise Group plans to raise up to NZD $4.8 million through a share purchase plan, offering new shares to fund expansion and potential acquisitions.
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Enprise Group acquires Kiwi software reseller Global Bizpro
Mon, 9th Feb 2015
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fintech
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financial systems
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accounting systems
Software and services company Enprise Group has acquired the MYOB EXO practice of Kiwi software services company GlobalBizpro.