Savor Limited announces robust financial outlook and strategic banking shift

AUCKLAND: Savor Limited (NZX: SVR), New Zealand’s leading hospitality entity, has released its year-end financial forecast, showcasing a remarkable turnaround and strategic banking developments. Financial Resurgence Post-Pandemic Savor Limited has reported that the fiscal year 2024 marks its first reporting period free from the influences of the Moa business divestment and the COVID-19 pandemic.The company…

Savor Limited to acquire Hipgroup venues; Amano, Ortolana and The Store

AUCKLAND: Savor Limited has agreed to acquire the Hipgroup venues; Amano, Ortolana and The Store, as part of its focus on growing its hospitality business, a news release said. The purchase price comprises a cash payment of $7.15 million on completion, $1 million of ordinary shares in Savor Limited to be issued on completion (subject…