NEW ZEALAND/CANADA - Auckland International Airport and the Canada Pension Plan Investment Board have reached a settlement over the airport's claim for expenses incurred in responding to the pension fund's failed partial takeover bid.
Auckland Airport was seeking $7.6m (US$5.7m) but in a claim filed in the High Court, CPPIB asserted certain expenses were not properly incurred by responding to its partial takeover offer (www.glob...
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