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Failed Feltex case costs litigation funders $3.1M in costs, before disbursements
Lawsuit

Failed Feltex case costs litigation funders $3.1M in costs, before disbursements

Former directors of Feltex Carpets and promoters of its 2004 initial public offering have been awarded a scaled-up $3.

By Pattrick Smellie • 3 min read • Fri, 27th Mar 2015
NZX appoints First NZ Capital as NXT market maker
NZX

NZX appoints First NZ Capital as NXT market maker

NZX, the stock market operator, named First NZ Capital as the first brokerage to agree to be a market maker for its yet-to-be-launched NXT market for.

By Pattrick Smellie • 2 min read • Wed, 4th Mar 2015
CORRECT: Telstra spends $20 million for 2% of Orion Health in IPO bookbuild
Unified Communications

CORRECT: Telstra spends $20 million for 2% of Orion Health in IPO bookbuild

Telstra Health, a unit of Australia's largest telecommunications business Telstra Corp, bought 2 percent of Orion Health Group in the healthcare ma.

By Pattrick Smellie • 3 min read • Thu, 13th Nov 2014
CORRECT: Orion to raise $125 mln at $5.70 a share, top of the range
Health Technologies

CORRECT: Orion to raise $125 mln at $5.70 a share, top of the range

Shares of Orion Healthcare Group, which develops software systems for patient health management, have been priced at $5.

By Pattrick Smellie • 2 min read • Fri, 7th Nov 2014