Heartland Bank gets indicative APRA & RBNZ approval to be the first New Zealand registered bank to acquire an Australian Authorised Deposit-Taking Institution
Debt-ridden Synlait fell a further 9 per cent and this time dragged its major customer a2 Milk down as the New Zealand sharemarket had another day of mixed.
The New Zealand sharemarket had a down day following the Easter break, with Synlait Milk reaching a new all-time low after posting a near $100 million.
The New Zealand sharemarket headed into the Easter break in a happy place with a rise of nearly 1 per cent despite a trading halt, voluntary administration.
Australia: Shares notch record closing high businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.