NEW ZEALAND - The New Zealand Superannuation fund invested NZ$212.5m (US$150.8m) in the local downstream assets of Shell through a 50/50 consortium with infrastructure investor Infratil.
The transaction involves Shell New Zealand's distribution and retail businesses and a 17.1% interest in the oil giant's New Zealand Refining Company. The NZ Superannuation Guardians' general man...
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