Cuscal (ASX:CCL) has completed its acquisition of 100% of Paymark's issued share capital and associated equity interests from Retail International Holding, according to a Friday filing with the Australian bourse.
The company expects the acquisition to be mid-single-digit earnings accretive and to deliver a mid-teens return on invested capital in fiscal year 2027, the filing added.
Air New Zealand (ASX:AIZ, NZE:AIR) shares were flat in recent Friday trade after the company and Singapore Airlines on Thursday agreed to expand their joint network by introducing new non-stop flights into Christchurch and increasing capacity into Auckland.Air New Zealand will launch three weekly flights between Singapore and Christchurch during the Northern Winter season, and will also add four weekly Auckland services during the period.The collaboration will increase the overall seat capacity between Singapore and New Zealand by 17% from late October 2026, the companies said.
WuXi XDC Cayman's (HKG:2268) trustee bought back 5.7 million shares of the firm from the market for about HK$57.3 apiece, according to a Friday filing with the Hong Kong bourse.The shares represent 0.45% of the contract research, development and manufacturing organization's issued share capital.
MAAS Group Holdings' (ASX:MGH) proposed sale of its construction materials business to Heidelberg Materials Australia is under a phase one initial assessment by the Australian Competition and Consumer Commission (ACCC), the regulator said Thursday.Maas Group agreed to sell the unit to Heidelberg in February for up to AU$1.7 billion in cash.The ACCC said the two companies overlap in the supply of ready-mix concrete, coarse aggregates, fine aggregates, asphalt, and construction-related waste disposal and recycling services in certain regions in Australia.The phase one review of the deal is expected to conclude by July 13.The company's shares were up 1% in recent Friday trade.