NZIJ deal off

Financial services company NZIJ.co.nz (NZSE: NZI) has withdrawn a don't sell notice issued a few weeks, when it was in discussions with another party.

NZI says the discussions have ceased "in light of recent developments".

"The directors of NZIJ.co.nz advise shareholders that there will not be any changes to the company as a result of those discussions."

NZI publishes the New Zealand Investment Journal and also runs stockbroking and investment banking firm Reuhman & Co.

On Monday vending machine business, Vending Technologies (NZSE: VTL), announced it was no longer going ahead with its $2.5 million purchase of Australian vending operation Soche.

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