No Action On Northland Port Corp. Share Purchase

Takeovers Panel decides to take no action
on Northland Port Corporation share purchase

Ports of Auckland Chairman Neville Darrow welcomed today's Takeovers Panel decision to take no further action in respect of complaints against the Company's proposed purchase of Northland Port Corporation shares.

Earlier this week the Northland Regional Council decided in principle to sell the Company a 19.9% stake in Northland Port Corporation.

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