NZVIF unclear on return on investment in Phitek
Minor shareholders raise questions about taxpayer returns and criticise major shareholders.
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The New Zealand Venture Investment Fund is being vague on its return on investment in Phitek, which last month was sold to NYSE-listed Amphenol for $60 million.
NZVIF had a 13.7% stake in the airline technology company, meaning it should have got an $8.2 million return.
Spokesman David Lewis
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Campbell Gibson
Fri, 17 Feb 2017
Fri, 17 Feb 2017
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NZVIF unclear on return on investment in Phitek
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