Fletcher Energy proposal rejected

SHAREHOLDERS in Australian oil explorer Petroz have rejected a proposal that would have handed control of the company to Fletcher Energy.A meeting of shareholders was held yesterday to seek approval…

GPG lifts holding

Guinness Peat Group has 84 per cent, of British company Staveley Industries. GPG of- fered 60 pence a share in Au- gust for the 70 per cent it did not…

GPG to appeal against Brickworks decision

SIR Ron Brierleys Guinness Peat Group said it would appeal against a decision by Australias Foreign Investment Review Board rejecting its A$600 million (NZ$795 million) bid for clay products group…

Montana days most active stock

Montana attracted the most interest on the sharemarket yesterday after Lion Nathan confirmed it had bought Guinness Peat Groups stake in New Zealands largest wine maker.Montana topped the sharemarket by…

GPG and FR stakes entered

Enza has agreed to register about 36 per cent of the shares bought by corporate investors Guinness Peat Group and FR Partners. Registration was delayed while Enza investigated if the…

Lion wants GPGs stake in Montana

BREWER Lion Nathan has increased its stake in leading winemaker Montana to almost 25 per cent, with plans to go to 28 per cent in a deal with Guinness Peat…

GPG and FR Partners buy out rival in Enza bid

SIR RON BRIERLEYS Guinness Peat Group and FR Partners last night reserved seats at the Enza board table, after buying out a potential rival bidder with an increased offer.GPG and…

A meeting of division and derision

The deep divisions among the various factions within the Brierley Investments board were extraordinarily displayed at the companys annual meeting this week.

Brierley tips GPG merger with BIL

BRIERLEY Investments founder Sir Ron Brierley said after yesterdays annual meeting that a merger between BIL and his own investment company, Guinness Peat Group, was logical.

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