Winton director sells down stake to Macquarie
Second stage of $37m transaction by New York-based David Liptak will require shareholder approval in January.
An artist's impression of a Winton development in Wanaka.
NZX-listed property developer Winton Land has announced its New York-based director David Liptak is selling down his stake to a Macquarie fund in a deal requiring shareholder approval.
In a statement to the NZX, Winton said Liptak’s vehicle Wanaka Partners had agreed a $37 million deal to sell
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