New Zealand Sharemarket Today (17 November 2025): Black Pearl Returns, Comvita Deal Collapses, Warehouse Cost Reset in Focus
Comvita’s proposed takeover by Florenz collapsed after only 54.29% of non-Florenz shareholders backed the deal, short of the required 75%. The S&P/NZX 50 Index dropped 0.98% to 13,464.46 on Friday, with Mainfreight, Infratil, and Comvita among the notable fallers. As of early Monday, the NZX Main Board remained at Friday’s close with no trades recorded.
