My Food Bag (NZX:MFB) shares drop 16% on 1HFY23 results

Sixth Street and BGH Capital offer to buy all of Pushpay’s shares for NZ$1.34 a share. As per the company, this deal is likely to bring value to the shareholders. Pushpay had started receiving expressions of interest to acquire it as early as April 2022.

Downer gets a NZ$490 million contract The contract is for road maintenance in Victoria It is a government contract that begins in February of next year

Heartland signs an agreement to acquire Melbourne-based Challenger Bank This would give HGH an opportunity to expand in Australia HGH plans to fund the acquisition through its existing resources

uckland Airport revises its FY23 outlook Says its underlying profit after tax is estimated to be between NZ$100 million and NZ$130 million The profit upgrade is on account of a surge in travel demand after the borders opened

Air New Zealand makes a rights offer of fixed-rate bonds The offer opens today and closes on 20 October The current bonds quoted on the NZX Debt market will mature on 28 October

Spark NZ completes a 70% sale of TowerCo to the Canadian company The sale has been completed after the Overseas Investment Office gave a nod Total sales proceeds from the deal are pegged at NZ$900 million

THL upgraded its profit guidance for FY23 It said its profit is expected to be above NZ$30 million The company said the improved outlook was on the back of Q1 performance

PaySauce announces its Q2 FY23 update The company reports a recurring revenue of NZ$1.3 million, up 74% YoY PYS confirms that it has become a market leader in the dairy industry

AGL announced its 2022 Restricted Shares Scheme The scheme was started to incentivise senior management Under the scheme, AGL employees receive restricted shares in the company

RUA makes headway with the Trans-Tasman medicinal cannabis partnership The company exported its first seeds to Australia The seeds will be grown by Cann Group