AM Best affirms Tower Limited's A- (Excellent) FSR Global credit rating agency AM Best has affirmed Tower Limited’s Financial Strength Rating as A- (Excellent), with a stable outlook, after completing its annual review. Tower’s Long-Term Issuer Credit Rating was also affirmed as a- (Excellent)
Rebels' administrators push rescue deal for embattled Super Rugby club Administrators for the Melbourne Rebels have recommended that creditors accept a deal put forward by directors to save the debt-ridden Super Rugby Pacific team and said the club may have been trading while insolvent for the last five years.
West Coast council backs Fast Tracks Approvals Bill The Fast Tracks Approvals Bill has been given a big tick by the West Coast Regional Council, saying it will lead to more jobs, and despite what others say, has environmental safeguards in it.
MCK enters into conditional agreement for Whangarei land Millennium & Copthorne Hotels New Zealand Limited (NZX:MCK) advises that it has reached conditional agreement with the Whangarei District Council for the purchase of land in Whangarei’s CBD for the development of a hotel. The purchase price is $