Scoop has an Ethical Paywall
Approaches to AIAL shareholders
Approaches to AIAL shareholders by Canada Pension Plan
Auckland International Airport Limited (AIAL) has become aware of approaches made by the Canada Pension Plan Investment Board (CPPIB) to certain shareholders to purchase their AIAL shares for NZ$3.10 per share in advance of a possible intention to launch a takeover.
The Directors of AIAL understand that those approaches have been rejected by the shareholders concerned. The AIAL Directors also understand that CPPIB does not intend to proceed with a takeover offer at this time. AIAL has not received notice of any takeover offer.
The Directors of AIAL are, however, in discussions with parties, including CPPIB, regarding value enhancing opportunities including acquiring an ownership interest in AIAL and supporting the strategic development of AIAL. These opportunities are being evaluated by AIAL's Board and remain subject to a number of conditions.
The Board recommends to shareholders that they don’t sell their shares in AIAL as doing so would risk forgoing the value upside associated with the above mentioned opportunities or a contested offer, should one eventuate.
The Board will keep shareholders fully informed of developments on a regular basis.
ENDS
University of Auckland: Kids’ Screen Use Linked To Long-Term Deficits In Self-Control And Attention
University of Auckland: Research To Address Equity In STEM For Māori, Pacific And Female Students
Stats NZ: Economic Impacts On New Zealand From Conflict In The Middle East – Report
Advertising Standards Authority: ASA Annual Report 2025 - Platform-Neutral Regulation Keeps Pace With Digital Advertising
Science Media Centre: Lead Pipes Banned For New Plumbing – Expert Reaction
New Zealand Young Physicists Trust: Auckland To Host The ‘World Cup Of Physics’ In 2027; Search Begins For Student-Designed Tournament Logo
