Scoop has an Ethical Paywall
Treasury appoints Deutsche Bank & Craigs Investment Partners
8 July 2011
Treasury appoints Deutsche Bank
and Craigs Investment Partners
as Crown Financial
Advisor for mixed ownership preparatory
work
The Treasury has appointed Deutsche Bank and Craigs Investment Partners as the Crown’s sole Financial Advisor for preparatory work it is doing to extend the mixed ownership model to four State Owned Enterprises.
Treasury’s General Manager John Crawford said: “We are pleased to be working with Deutsche Bank and Craigs Investment Partners who were selected after a rigorous assessment process from a strong line up of credible candidates.”
The Government has instructed the Treasury to conduct preparatory work to enable an extension of the mixed ownership model to Mighty River Power, Meridian Energy, Genesis Energy, and Solid Energy and to reduce the Crown’s shareholding in Air New Zealand, with the Crown retaining a majority stake in all the companies.
Deutsche Bank and Craigs Investment Partners will provide advisory and project management services, starting immediately. This contract period ends prior to the November general election.
In the next few days, Treasury expects to issue a Request for Proposal (RFP) for scoping studies. The RFP will be published on the Government’s electronic tenders website www.gets.govt.nz.
ENDS
Raise Communications: NZ Careers Expo Kicks Off National Tour Amid Record Unemployment
Hugh Grant: How To Build Confidence In The Data You Collect
Tourism Industry Aotearoa: TRENZ 2026 Set To Rediscover Auckland As It Farewells Rotorua - The Birthplace Of Tourism
NIWA: Students Representing New Zealand At The ‘Olympics Of Science Fairs’ Forging Pathway For International Recognition
Coalition to End Big Dairy: Activists Protest NZ National Dairy Industry Awards Again
Infoblox: Dancing With Scammers - The Telegram Tango Investigation