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ARH Confirms $8 Offer For Shares In POAL
16 May 2005
Media Statement
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.
ENDS
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