SubscriptionsHerald PremiumViva PremiumThe ListenerBusinessDeskSectionsLatest newsNew ZealandAll New ZealandBudget 2026CrimePoliticsEducationOpen JusticeScam UpdateThe Great NZ Road TripHerald NOWAll Herald NOWRyan Bridge TODAYHerald NOW BusinessOn The UpWorldAll WorldAustraliaAsiaUKUnited StatesMiddle EastEuropePacificBusinessAll BusinessMarketsSharesCurrencyCommoditiesStock TakesCryptoHerald NOW BusinessMedia InsiderBusiness analysisPersonal financeKiwiSaverASB Investment HubInterest ratesTaxInvestmentEconomyThe Economy of EverythingInflationGDPOfficial cash rateEmploymentSmall businessBusiness reportsMood of the BoardroomProject AucklandSustainable business and financeCapital markets reportAgribusiness reportInfrastructure reportDynamic businessDeloitte Top 200 AwardsDeloitte Fast 50Generate wealth weeklyCompaniesAged CareAgribusinessAirlinesBanking and financeConstructionEnergyFreight and logisticsHealthcareManufacturingMedia and MarketingRetailTelecommunicationsTourismOpinionAll OpinionAnalysisEditorialsBusiness analysisPremium opinionLetters to the editorPoliticsSportAll SportFootballFootball World CupWellington PhoenixAuckland FCAll WhitesFootball FernsEnglish Premier LeagueOlympicsParalympicsRugbySuper RugbyNPCAll BlacksBlack FernsRugby sevensSchool rugbyCricketBlack CapsWhite FernsRacingNetballSilver FernsLeagueWarriorsNRLGolfNZ OpenMotorsportFormula 1BoxingUFCBasketballNBABreakersTall BlacksTall FernsTennisCyclingAthleticsSailingAmerica's CupSailGPRowingLifestyleAll LifestyleViva - Food, fashion & beautySociety InsiderRoyalsSex & relationshipsFood & drinkRecipesRecipe collectionsRestaurant reviewsRestaurant bookingsHealth & wellbeingFashion & beautyPets & animalsThe Selection - Shop the trendsShop fashionShop beautyShop entertainmentShop giftsShop home & livingEntertainmentAll EntertainmentTVMoviesMovie reviewsMusicMusic reviewsBooksBook reviewsCultureReviewsBook reviewsMovie reviewsMusic reviewsRestaurant reviewsTravelAll TravelNewsNew ZealandNorthlandAucklandWellingtonCanterburyOtago / QueenstownNelson-TasmanBest NZ beachesInternational travelAustraliaPacific IslandsEuropeUKUSAAfricaAsiaRail holidaysCruise holidaysSki holidaysLuxury travelAdventure travelKāhu Māori newsEnvironmentAll EnvironmentOur Green FutureTalanoa Pacific newsPropertyAll PropertyProperty InsiderInterest rates trackerResidential property listingsCommercial property listingsHealthTechnologyAll TechnologyAISocial mediaRuralAll RuralDairy farmingSheep & beef farmingHorticultureAnimal healthRural businessRural lifeRural technologyOpinionAudio & podcastsWeather forecastsAll Weather forecastsKaitaiaWhangāreiDargavilleAucklandThamesTaurangaHamiltonWhakatāneRotoruaTokoroaTe KuitiTaumaranuiTaupōGisborneNew PlymouthNapierHastingsDannevirkeWhanganuiPalmerston NorthLevinParaparaumuMastertonWellingtonMotuekaNelsonBlenheimWestportReeftonKaikōuraGreymouthHokitikaChristchurchAshburtonTimaruWānakaOamaruQueenstownDunedinGoreInvercargillMeet the journalistsPromotions & competitionsOneRoof property listingsDriven car newsPuzzles & QuizzesPuzzlesAll PuzzlesSudokuCode CrackerCrosswordsCryptic crosswordWordsearchQuizzesAll QuizzesMorning quizAfternoon quizSports quizRegionsNorthlandAll NorthlandFar NorthKaitaiaKerikeriKaikoheBay of IslandsWhangareiDargavilleKaiparaMangawhaiAucklandWaikatoAll WaikatoHamiltonCoromandel & HaurakiMatamata & PiakoCambridgeTe AwamutuTokoroa & South WaikatoTaupō & TūrangiBay of PlentyAll Bay of PlentyKatikatiTaurangaMount MaunganuiPāpāmoaTe PukeWhakatāneRotoruaGisborneHawke's BayAll Hawke's BayNapierHastingsHavelock NorthCentral Hawke's BayWairoaTaranakiAll TaranakiStratfordNew PlymouthHāweraManawatū - WhanganuiAll Manawatū - WhanganuiWhanganuiPalmerston NorthManawatūTararuaHorowhenuaWellingtonAll WellingtonKapitiWairarapaUpper HuttLower HuttNelson & TasmanAll Nelson & TasmanMotuekaNelsonTasmanMarlboroughWest CoastCanterburyAll CanterburyKaikōuraChristchurchAshburtonTimaruOtagoAll OtagoOamaruDunedinBalcluthaAlexandraQueenstownWanakaSouthlandAll SouthlandInvercargillGoreStewart IslandMediaVideoAll VideoNZ news videoHerald NOWBusiness news videoPolitics news videoSport videoWorld news videoLifestyle videoEntertainment videoTravel videoMarkets with MadisonKea Kids newsPodcastsAll PodcastsThe Front PageThe Economy of EverythingThe Prosperity ProjectA Moment in CrimeDesert PiratesNo Such Thing as NormalHeaven's HelplineAsk me AnythingThe Little ThingsCartoonsPhoto galleriesToday's Paper - E-editionsPhoto salesClassifiedsNZME NetworkAdvertise with NZMEOneRoofDriven Car GuideBusinessDeskNewstalk ZBSunliveZMThe HitsCoastRadio HaurakiThe Alternative Commentary CollectiveGoldFlavaiHeart RadioHokonuiRadio WanakaiHeartCountry New ZealandRestaurant HubNZME EventsPremiumJamie GrayBusiness Reporter·NZ Herald·4 Jun, 2026 07:00 PM6 mins to readCorporate activity has lifted on the NZX. Corporate activity has lifted on the NZX. Corporate activity on the New Zealand sharemarket looks to be heating up.First, there was the new, improved takeover bid for Tourism Holdings (THL).Then came Heartland’s bid for TSB Bank.And yesterday, Ngāi Tahu revealed that it was selling down its stake in seafood company Sanford.
Private capital on the prowl: Is a new wave of NZ takeovers about to unfold?
Tourism Holdings has received a higher bid, while Heartland has made an offer for TSB.
382 words~2 min read






