DIC apparel merging – BIL will own 30pc
Auckland-based department store chain DIC Stores Ltd and Wellington-based knitwear manufacturer and retailer Apparel Holdings Ltd are to merge.
Only two takers for bid by IEL
The NSW Supreme Court was told yesterday that Industrial Equity Ltd received only two acceptances to its partial takeover offer for food producer Allied Mills Ltd.IEL accountant Stephen Baker told…
Brierley will contest ruling
Brierley Investments is to go to the High Court in a bid to overturn a Commerce Commission ruling today that the firm cannot lift its stake in NZ News Ltd…
IEL profit ahead by 87pc
Brierley Investments subsidiary Industrial Equity Ltd has reported an 87 per cent rise in December half net earnings to $A15.36-million.
Shares in Brierley best of all worlds
Brierley Investments shares give New Zealand investors wanting to invest in a Brierley company the best of all worlds, according to Mr Russell Goward, the chief executive for the firms…
Stake in Allied Millls now 19.9pc
Brierley Investments subsidiary Industrial Equity Ltd has lifted its stake in takeover target Allied Mills to 19.5 per cent and has its sights firmly set on gaining 60 per cent…
Brierleys offers $10000 tertiary scholarship
Brierley Investments Ltd has established a $10,000 scholarship to enable young Hawkes Bay people to gain tertiary qualifications in horticulture.
Big apple sold to board
The Apple and Pear Marketing Board has bought Big Apple Products, Havelock North, from the Brierley group for an undisclosed sum. The boards chairman, Mr Jim Bremner, said today that…