NEW ZEALAND - The New Zealand Superannuation Fund (NZ Super Fund) and utilities investor, Infratil, have acquired enough shares in Auckland International Airport to block its acquisition by Dubai Aerospace Enterprise (DAE).
The acquisition of shares follows the NZ$5.6bn proposal for Auckland Airport by DAE on 23 July 2007. But the latest development now means the NZ Super Fund and Infratil have acquired a 6.2% stake ...
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