ARH Confirms $8 Offer For Shares In POAL
16 May 2005
Auckland Regional Holdings Confirms $8 Offer For Shares
In Ports Of Auckland Limited
Chair of Auckland Regional Holdings (ARH), Mrs Judith Bassett, said the Independent Adviser’s Report confirms that ARH’s offer of $8.00 per share is fair to Ports of Auckland Limited shareholders.
ARH has no intention of increasing its offer price of $8.00 per share and remains confident that it will achieve 100% ownership of POAL.