In the news
D I VO RC E D The unwelcome takeover offer by Briscoe's managing
director Rod Duke for outdoor retailer Kathmandu
failed after only a tiny percentage of shareholders
agreed to sell.
BEHEADED Volkswagen CEO Martin
Winterkorn fell on his sword after the car maker willfully set out to mislead emissions regulators with a cleverly hidden piece
DIED Larger-than-life adman David Walden (also-known
as Devo) went, as his good friend and rival Mike Hutcheson said, to the big restaurant in the sky”. Another larger-than-life character, Mainfreight cofounder and philanthropist Neil Graham, died aged 71. Graham loved rugby and fast cars, brought gorillas
to Christchurch, and donated $600,000 a year
to charity. A selection of current happenings
(using Henry VIII mnemonic*)
D I VO RC E D A four-year marital and
debt battle between property developer Greg Olliver, his wife Sarah Sparks, the BNZ and the IRD over Auckland
properties worth an estimated $17m reached a critical stage – but didn't
in the end get resolved.
BEHEADED The Employment Relations
Authority ruled a Mighty River Power employee was justifiably fired over the $23,350 of data roaming charges he racked up on a business trip to Sri Lanka.
SU RV IV E D The Trans Pacific Partnership Agreement
was finally signed after years of secret
negotiations and months of games of diplomatic chicken. Professor Jane Kelsey
called it a travesty of democracy”; Trade Minister Tim Groser described it as fois gras”
with a few dead rats”.