Stock

Fires prompt Candyking to withdraw initial public offering

Candyking share offering goes up in smoke

By Annie-Rose Harrison-Dunn

Swedish sweet manufacturer Candyking has withdrawn its recent offering of shares worth $76.2m following fires at two of its suppliers.

Fonterra considers flotation

Fonterra considers flotation

By Jess Halliday

Fonterra is initiating a two-year consultation to adopt a preferred
capital structure that could see it split in two and listing on the
New Zealand Stock Exchange, to better take advantage
of growth opportunities.