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Hi there,

There’s been a dearth of IPO activity on the NZX, so news that Vocus Group has engaged financial advisors to prime its Kiwi business for a new listing will no doubt be heartily welcomed by the local stock exchange.

It follows Vodafone’s plans last year to float it’s local business – a plan that ultimately failed to come to fruition, with the company instead sold to Infratil and Brookfield Asset Management.

Vocus (NZ) – the country's fourth largest telco – has had a long and winding road attempting to find new ownership: It was put on the block back in 2017, but despite plenty of talk, and a shortlist of buyers including Vodafone and 2degrees, a sale failed to eventuate at the asking price. Private equity plans also fell over, so it remains under its ASX-listed owner of the same name, which may pose some naming challenges for the proposed dual NZX/ASX listing.

Vocus Group's kiwi brands (CallPlus, Slingshot, Orcon and Stuff Fibre among them) will be hoping this time the winds are more favourable to get the deal closed, even if the cash is destined for fibre investments in Australia.

In other news this week:

  • We translate Privacy Act changes for marketers and adtechers
  • Women hit the podium in CIO Awards
  • Unleashed joins Attaché on Brit platform
  • Upping the authentication game

We also share insights on how global brewer Carlsberg has conquered huge volumes of data and got its financial reports and insights on tap for self-serve users.

Enjoy the read,

Heather Wright
Editor
editor@istart.co.nz

 


STOCK EXCHANGE

Vocus NZ IPO on NZX planned

Kiwi business to float before end of 2021…

 
Vocus NZ IPO

Vocus Group has appointed financial advisors in preparation for an IPO of its Kiwi operations, with plans to float the New Zealand business before the end of 2021.

“Opportunities will be better realised if Vocus NZ is an independent entity.”​

[Read more]

 


PRIVACY ACT

Adtech, cookies and Privacy Act changes

Data minimisation key…

 
Privacy Act changes

Data minimisation becomes the name of the game as NZ’s new Privacy Act comes into force next week – with ramifications for Australian companies too.

“Your goal should be to collect and use the least amount of information possible to meet your objective.”​

[Read more]

 


CIO AWARDS

Women dominate 2020 New Zealand CIO Awards

And the winners are…

 
NZ CIO Awards 2020

Female leaders dominated in this week's 'in-person' New Zealand CIO Awards, which also saw IRD, Southern Cross Health Society, Te Hiku Media and Fidelity Life crowned winners.

“Other businesses and CIO’s can emulate their successes, using innovation and a culture of challenging the status quo, for a rapid return to growth.”​

[Read more]

 
 

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Esker Cash application automation
 
 


ACQUISITION

UK’s Access adds Unleashed to Attache

Access’ Workplace grows to embrace wider range of ERP and business software…

 
Unleashed sold to Access Group

Kiwi inventory management software provider Unleashed has been snapped up by Access Group as the UK company seeks to expand its foothold in the growing ERP platform market.

“The addition of Unleashed gives us a significant opportunity to increase our presence and potential across these sectors.”​

[Read more]

 


CYBERSECURITY

You shall not pass (with those creds)

In an unsecured world, voice and text-based verification doesn’t cut the MFA mustard…

 
Microsoft Authenticator

Alex Weinert, Microsoft’s director of identity security says it’s time to ditch those text and voice multi-factor authentication passcodes in favour of something else (hint: Its Microsoft Authenticator).

“Your password is *definitely* terrible.”​

[Read more]

 


TECH IN ACTION

Global brewer speeds up financial reporting

Carlsberg offers 20 different brews from 25 breweries in China, with volumes of data to match…

 
Carlsberg financial reporting

Carlsberg was one of the first international brewers to export beer to China, starting over 150 years ago.

“Users can easily build reports by themselves to support their analysis.”​

[Read more]

 
 

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