Govt looks to sell Chorus securities
Sale could proceed early next year, but final price will have to meet ministers’ ‘value-for-money expectations’.
The Government wants to free up its investment in Chorus.
The Government intends to sell close to $700 million in debt, equity and warrants in telecommunications infrastructure company Chorus.
It had purchased debt and equity securities in NZX-listed Chorus as part of the Crown’s contribution to the roll-out of ultra-fast broadband, a project which was
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