No surprises here...
https://www.nzx.com/announcements/346608
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No surprises here...
https://www.nzx.com/announcements/346608
Kim Ellis said “The Board is pleased to have achieved this outcome on behalf of shareholders.”
Slack as Board
NZ Super Fund signed over their nearly 20% to EQT
Happy to rid themselves of this dog investment I reckon
Maybe a better solution would be to replace the board with directors that are competent. Too simple really.
Sweden's EQT raised 9 billion euro back in March. Pension funds were keen on giving it money. So it has a big war chest to use when snapping up good infrastructure investments around the World.
NZ's tiny and weak KiwiSaver and small (as a % of our GDP) private pension funds just cannot keep up. With present policies, The NZ sharemarket capitalisation is destined to remain at a small percent of our economy
Sweden’s EQT raises €9bn for its biggest infrastructure fund
https://www.ft.com/content/b96a774c-...8-96a37d002cd3