*it has decided to sell its New Zealand and Australian businesses to Geyser Limited Partnership for NZ$22.25 million.
*The purchase transaction would be completed on 30 November and sale proceeds would be deployed in higher-performing markets of the US and Brazil and ArborGen will also explore investment in new growth areas.
*General Capital is a well-known company offering financial services in Kiwiland. It had announced that Equifax Australasia Credit Ratings had affirmed BB-credit rating for its subsidiary, General Finance.
*Another company operating in the financial sector is Geneva Finance. Owing to a strong performance of its support functions like IT and finance, it expects a 16.4% rise in its pre-tax profit for the half-year period ended September 2021.