About NZX
NZX confirms the sale of TZ1 Registry to Markit
NZX has completed the sale of the assets of the TZ1 Registry business to global financial services company Markit overnight. The deal value to NZX is US$37.1 million. At an overnight US$/NZ$ crossrate of 0.6544, this amounts to NZ$56.7 million. The initial consideration will be received up front in Markit shares, which will be held for the term of the deal through to the end of 2011. At that time the US$37.1 million figure is subject to change, with the potential to move either up or down by US$17 million, depending on the underlying performance of the TZ1 Registry business in that period.
Mark Weldon's speech to SOE Directors
State Owned Enterprise Boards should set the direction of travel and drive high-performance cultures in SOEs that use their considerable assets to match - or exceed - private sector performance.
Ryman Healthcare marks outstanding first decade on NZSX
Ryman Healthcare, provider of quality retirement living and care options for New Zealand’s elderly, marks 10 years as a listed company today.
NZX withdraws offer to buy stake in NSX
NZX announced today that it would withdraw its offer to buy a 50.1% stake in NSX of Australia, based on current indications that the purchase would be unlikely to receive the support of a sufficient number of NSX shareholders.
