Kiwi ownership ‘bottom line’ in $2.1b Kiwibank buy

NZ Super had wanted a majority stake in the bank but flexibility to introduce private capital and keep exit options open.

Finance Minister Grant Robertson.

Hamish McNicol and Jonathan Mitchell. Mon, 22 Aug 2022

The flexibility the NZ Superannuation Fund wanted around bringing private capital into Kiwibank and keeping all exit opportunities open would have compromised the Government’s “strong bottom line” on the bank remaining 100% New Zealand-owned, Finance Minister Grant Robertson says.

Meanwhile,

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