Traffic delays State Highway 23
A logging truck has rolled on the Raglan side of the
Deviation (State Highway 23).
Nobody was injured in the
crash that occurred at around 10.45am.
traffic is moving through the area however motorists should
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Gordon Campbell: On Global Factors Facing TV3
Oaktree Capital gave MediaWorks a gallows reprieve in 2013 by pushing out its former Australian owner Ironbridge and facilitating a receivership-driven restructure that enabled MediaWorks to shed a burden of tax liabilities and international programme purchasing contracts. Oaktree eventually assumed 100% ownership of Mediaworks in 2015.
But here’s the rub. In May of this year, Oaktree itself was bought into by the giant Canadian firm Brookfields Asset Management... In the light of the Brookfields stake and the uncertain state of the global economy, Oaktree has come under pressure to shed and/or streamline the underperforming assets in its portfolio. More>>