Latest Heartland (NZX:HGH) News

A handful of extreme moves set the tone, from DXN’s explosive AI data centre rerating to steep sell-offs in small-cap explorers. Deals, funding and fresh drilling results drove the week, but several gap-ups lost steam as traders banked profits.

Deal-making and capital returns drove the finance board this week, with several stocks rising on mergers, buybacks and strong portfolio numbers. One sharp sell-off in Findi showed investors still punish uncertainty fast.

Heartland Group Holdings has agreed to acquire TSB Bank for NZD 620 million, merging the two into a challenger bank with $18 billion in assets and expected 20% EPS accretion.