Auckland Council sells 7% of Auckland Airport’s shares
Council retains just over 11% after sale, which netted nearly $836m.
Auckland Council has shed part of its stake in Auckland Airport.
Auckland Council has sold its Auckland International Airport shareholding down from 18.08% to 11.08%, according to an NZX disclosure filed this morning.
The council sold 11,154,000 shares at $8.15 per share and 25,998,968 shares at $8.11 per share on the market yesterday, and another 66,053,498 at
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