New Zealand Oil & Gas sold its 15% stake in the Kupe oil and gas field for $168 million.
The firm which went into voluntary administration was hit hard by a slump in the coal market and was unable to pay nearly $400 million in debt.
The firm said that the deal is a positive sign for the renewable energy growth in Australia despite political uncertainty.
Auckland-based law firm has advised Accident Compensation Corporation (ACC) on its acquisition of a 22% stake in the Kiwibank group of companies.
One firm has advised on a major dual listing with a market capitalisation of $154.5m.
Australasian law firm has helped Kiwibank to establish its ground-breaking Fintech Accelerator program
Arbitration team swap for international firm… Magic Circle firm to open second global hub… International firm announces management changes…
As greater numbers of firms are predicted to be listed on both the NZX and ASX, what should lawyers expect in the coming year?
The latest trends with mergers and acquisitions show that New Zealand law firms should expect a flurry of activity in the coming year.
A new report has forecast several changes with regards to pre-registration research reports and formal offer documents for IPOs in New Zealand.