Christchurch City Council pressing on with selling Lyttelton Port Company? Quiet and ominous moves behind the scenes
The Keep Our Port Public (KOPP) coalition notes with alarm the fact that Christchurch City Holdings Ltd (CCHL), holding company for the Christchurch City Council’s trading assets, has been quietly buying up shares in the Lyttelton Port Company (LPC) and has passed the significant mark of 75% ownership.