Latest Nzx News

Santana Minerals has won New Zealand government approval to buy 3,680 hectares critical to its Bendigo-Ophir gold mine, paving the way for a NZ$500 million investment and 350 jobs.

Comvita has secured the minimum NZ$25 million capital raise required to activate its refinancing plan, driven by strong shareholder participation and Fraser and Neave’s near 20% stake. The Rights Offer closes today, setting the stage for debt repayment and financial restructuring.

Locate Technologies has landed a three-year contract with FedEx Australia to deploy its AI-driven Locate2u platform, marking a significant commercial win for the New Zealand logistics tech firm.

Channel Infrastructure NZ Limited has accelerated key project completions and expanded contract scope, prompting a raised EBITDA forecast for FY2026 amid an uncertain fuel demand outlook.

Gentrack Group trims its FY26 revenue outlook amid strategic investments and signals a $20 million on-market share buyback post-H1 results.

Synlait Milk has obtained waivers from its syndicated banks on key financial covenants for the quarter ending April 2026, reflecting ongoing operational and market challenges.

The Smart US 500 ETF reported a near-billion-dollar fund size with a 5-year average annual return of 14.14% after fees and tax, maintaining a high-risk profile and low management fees of 0.34%.

Bourns, Inc. has crossed the 90% acceptance threshold in its takeover of Rakon, making the offer unconditional and triggering compulsory acquisition rights and a planned delisting from NZX.

Gentrack is set to acquire Dubai Technology Partners for about US$10 million, enhancing its Veovo platform with AI-driven airport operations technology and deepening its Middle East footprint.

Contact Energy is set for a leadership shift as Chair Rob McDonald retires after eight transformative years, handing the reins to director Jon Macdonald, whose governance experience promises continuity amid ongoing renewable expansion.

Gentrack’s airport technology arm Veovo is acquiring Dubai Technology Partners for US$10 million, boosting its AI portfolio and regional presence in the Middle East.

T&G Global is moving to sell its New Zealand fresh produce and Pacific Island businesses as part of a strategic pivot to concentrate on its premium Apples and VentureFruit platforms. The divestments, pending contract finalisation, mark a significant reshaping of the company’s portfolio amid shareholder shifts.