Auckland Regional Owns 88.85% Of Ports Of
Auckland Limited
Auckland Regional Holdings (ARH)
announced that as at 4:00pm today it received acceptances
totalling 9,377,190 shares giving ARH a relevant interest in
Ports of Auckland (POAL) of 88.85%.
ARH only requires
acceptances of another 1.15% of POAL shares before it can
initiate compulsory acquisition and move to full ownership
of POAL.
ARH is confident that it will achieve 100%
ownership of
POAL.
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