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Infratil News

NZ Bus: Stability and certainty for bus passengers delivered until 2012

26 Nov 2009

Since May, NZ Bus has been participating in negotiations with the Auckland Combined Unions to agree a new Collective Employment Agreement (CEA) for their members.The Auckland Combined Unions is made up of the four unions...

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Infratil Results for the Six Months Ended 30 September 2009

17 Nov 2009

Infratil has made significant progress repositioning its assets and strengthening operational and financial metrics:
Infratil’s major businesses continue to perform, notwithstanding the recession.
Funding is well structured and supports the group’s investment activities.
Extracting capital from lower growth...

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Perpetual Infratil Infrastructure Bonds Annual Rate Reset

16 Nov 2009

Infratil Limited advises that the Coupon Rate on the Perpetual Infratil Infrastructure Bonds (PiiBs) for the period 16 November 2009 to the next reset date, being 15 November 2010, is 4.97% per annum payable quarterly....

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Luebeck Sale Completes

16 Nov 2009

Infratil has settled the sale of Lübeck Airport and received final payment of E25.5million. The sale proceeds have, with existing foreign exchange contracts, been converted to NZ$64.5million.

Infratil sells stake in Auckland International Airport

10 Nov 2009

Infratil today announced that it has sold its 3.87% (47.4 million shares) investment in Auckland International Airport Limited at a price of $1.84 per share. The shares were sold by way of institutional placement and...

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Shell New Zealand Limited

3 Nov 2009

Morrison & Co. has today confirmed that an Infratil Limited and New Zealand Superannuation Fund consortium has entered into exclusive negotiations with Shell over the possible acquisition of Shell New Zealand’s refining and downstream (distribution...

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Sale of Luebeck Airport

2 Nov 2009

Infratil Limited announces that on Friday 30 October it exercised its put option in respect of its 90% shareholding in Lübeck Airport and ownership has transferred to the City of Lübeck.When Infratil acquired this shareholding...

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TrustPower Financial Results Six Months ended 30 September 2009

30 Oct 2009

TrustPower’s consolidated underlying surplus after tax excluding fair value movements on financial instruments, which are inherently volatile, was $72.5 million for the six months ended 30 September 2009. This represents an increase of 6 per...

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Take off to Wellington Airport's Open Day for free

28 Oct 2009

Take off to Wellington Airport's Open Day for freeOn Sunday, 1 November the Airport Flyer is providing free travel to and from Wellington Airport’s public open day.The Airport Flyer will run the free services from...

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Infratil Monthly Operational Report October 2009

23 Oct 2009

Infratil Monthly Operational Report is available here.

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