October 15th, 2007 by admin in In the media | No Comments »
http://www.nzherald.co.nz/section/3/story.cfm?c_id=3&objectid=10469847 Lyttelton Port is 75 per cent owned by Christchurch City Council. Port Otago – which holds a 15 per cent stake, worth almost $40 million, in listed rival Lyttelton Port – is tipped to lead changes which could see a merger between the South Island operators. Port Otago chairman John Gilks has rejected reports [...]
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October 10th, 2007 by admin in In the media | No Comments »
http://www.stuff.co.nz/4231604a23399.html Hong Kong giant Hutchison Whampoa made an approach to buy a stake in the Ports of Auckland after its failure to shore up a deal with Lyttelton Port, inside sources say. Hutchison, the vehicle of magnate Li Ka-shing, has port operations in every continent except Australasia. It is one of the world’s largest privately-owned [...]
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