New Zealand power company Contact Energy has agreed to buy smaller rival Manawa Energy to create a business better able to develop the new generation the South Pacific nation requires. Contact ...

MANAWA – The city of Manawa, in central Waupaca County, has some cleaning up to do. Up to 100 homes, including a nursing home, were evacuated Friday after erosion caused the bank at the edge of ...

Contact Energy’s CEO & Chairman explain why they’ve been trying to takeover Manawa in secret. Contact Energy’s $2.3 billion bid to acquire Manawa Energy is the gentailer’s attempt to make ...

The company that forced power generation Manawa Energy into a trading halt today is Auckland-based commercial and industrial ...

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The expiry of Manawa Energy’s low-priced contracts for the sale of electricity to Mercury will unlock significant value for its buyer Contact Energy, chief financial officer Dorian Devers told ...

The S&P/NZX 50 Index ended slightly ahead after an up and down day. Energy generator Manawa surged more than 30% on the New Zealand sharemarket after receiving a takeover proposal from Contact ...

High wholesale prices and the CPI-linked contract with Mercury underpin good earnings growth potential in the medium term, aided by investment to increase generation output.

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...