Christchurch council to debate more ‘flexible’ asset portfolio
City’s holding company has recommended allowing partial sell-down of business assets to fund $350m liquid portfolio of listed securities.
Christchurch City Holdings owns stakes in six companies, including 75% of Christchurch Airport.
A more flexible approach to the ownership of Christchurch City Council’s business assets, including ultimately a partial sell-down, will be discussed at a council meeting on Wednesday.
Christchurch City Holdings owns stakes in six companies, including 75% of Christchurch Airport, 100% of Lyttelton
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