6 Jul 2015

Business Briefs

1:06 pm on 6 July 2015

Arvida finalises deal

Listed retirement village operator Arvida Group says a settlement process for it to purchase three Auckland retirement villages is complete.

Arvida is paying $62 million through a mixture of new shares and debt.

Air NZ renews ABs sponsorship

The national carrier has signed up again as a sponsor of New Zealand Rugby

Air New Zealand has been supporting the All Blacks since the late 1990s and under the latest agreement will continue until 2020.

Air New Zealand will be known as the Official Airline of the All Blacks and the All Blacks Sevens.