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Silver Lake counter: Kiwi-owned investment company Forsyth Barr enters battle to buy into New Zealand Rugby 14 May, 2021 12:00 AM 5 minutes to read Everything you need to know about the Forsyth Barr deal. Video / NZ Herald An alternative offer to Silver Lake, valuing New Zealand Rugby at a colossal $3.8 billion, has been tabled by local investment manager Forsyth Barr. The Auckland head-quartered company has conducted due diligence on the prospect of NZR selling a five per cent stake in its future commercial revenues through an NZX listing and believes investor demand could potentially raise as much as $650m. Under the terms of the Forsyth proposal – conducted at the request of the New Zealand Rugby Players Association which is not supportive of selling a stake in the national game to US fund manager Silver Lake - NZR would be able to raise between $170m and $190m, with as much as 40 per cent of the offering being open to mum and dad investors who could ....
Renewed faith? Analysts verdict on Pushpay s result 13 May, 2021 01:00 AM 8 minutes to read Forsyth Barr s Jamie Foulkes sees, An encouraging start from new CEO Molly Matthews who brings a relationship-based approach to customers. Photo / Supplied Forsyth Barr s Jamie Foulkes sees, An encouraging start from new CEO Molly Matthews who brings a relationship-based approach to customers. Photo / Supplied Forsyth Barr, Craigs Investment Partners and Jarden analysts have all tweaked their ratings, or 12-month target price, after Pushpay s full-year result - and several numbers that took the market by surprise. Analysts were sharply split ahead of the full-year report - particularly over how well it would handle two big challenges: dealing with new, lower-cost competition and breaking into the Catholic market. ....
Ai Fiori Expands With Its Sky Terrace An airy restaurant in the Rockaway Hotel, a brick-and-mortar location for King David Tacos, and more restaurant news. From left, the pastry chef Rachel Pancho and the chef Lauren DeSteno at Sky Terrace at Ai Fiori in Manhattan.Credit.Jeenah Moon for The New York Times Sky Terrace at Ai Fiori The Langham, a luxury hotel in Midtown Manhattan, is home to Ai Fiori, a serene Italian restaurant on its second floor. Now, an underused terrace on the 11th floor is being turned into an outdoor dining area, protected by red umbrellas, warmed with heaters and featuring a close-up view of the Empire State Building. It will serve cocktails and offer a dinner menu that’s an abridged version of the menu at Ai Fiori. The chef is Lauren DeSteno, the executive chef for Ai Fiori and a corporate executive chef for the Altamarea Group, where she oversees fine dining for restaurants including Ai Fiori and Marea. The chef Michael White, who was a fo ....
Judge orders Justice Department to release Trump obstruction memo Published 4 hours ago FILE - In this Dec. 21, 2020, file photo, Attorney General William Barr speaks during a news conference at the Justice Department in Washington. A federal judge has ordered the release of a legal memorandum the Trump-era Justice Department prepared for then-Attorney General William Barr before he announced his conclusion that President Donald Trump had not obstructed justice during the Russia investigation. (Michael Reynolds/Pool via AP, File) Share on Facebook Print article WASHINGTON A federal judge has ordered the release of a legal memorandum the Trump-era Justice Department prepared for then-Attorney General William Barr before he announced his conclusion that President Donald Trump had not obstructed justice during the Russia investigation. ....