Scoop Full Coverage: AIAL Canadian Invasion
A new regulation under the Overseas Investment Act 2005 was introduced by Order in Council today. The regulation will
bolster the factors Ministers may take into account when considering overseas investment applications that affect a very
narrow range of strategically important assets. More >>
ALSO:Auckland International Airport - Auckland Airport announcement (re: Cullen statement)CPP Investment Board - Overseas Investment Act announcementNZ Govt - Key’s stance on foreign asset control disappointsNZ First - Asset Protection A Step In The Right DirectionGreens - Greens welcome Cullen borrowing ideas on airportGreens - Call for assets to be protected through lawGordon Copeland - Allow Canadians to buy 20% of Auckland AirportAuckland International Airport - Update on CPPIB partial takeover offer at 4 MarchAuckland International Airport - Auckland Airport update on CPPIB partial takeover at 3 MarAuckland International Airport - CPPIB partial takeover update at 29 FebTV3 Video - Cullen sure of public support for assets protectionTV3 Video - Canadians to pursue airport deal despite govt interventionTV3 Video - Govt's moves to limit foreign ownership could stall Auckland Airport partial takeoverTV3 Video - Canadians respond to government's control over Auckland AirportTV3 Video - Cullen interview re: foreign ownership of Auckland Airport
Earlier:
Tax: AIL Shares Drop On Govt Tax Changes Cabinet today agreed to amend the law on certain types of stapled securities to bring the tax rules up-to-date with developments in financial products and to prevent a serious loss to the revenue base from the use of those instruments... More >> ALSO:Greens - Not for sale signs must go up on Auckland AirportEmployers And Manufacturers Association - Government out of touch with business: airport bid
Tax: AIL Shares Drop On Govt Tax Changes Cabinet today agreed to amend the law on certain types of stapled securities to bring the tax rules up-to-date with developments in financial products and to prevent a serious loss to the revenue base from the use of those instruments... More >> ALSO:Greens - Not for sale signs must go up on Auckland AirportEmployers And Manufacturers Association - Government out of touch with business: airport bid
Shares: AIL Board Recommends Sales, Splits on VoteThe directors of Auckland Airport today unanimously recommended that shareholders should sell their shares into the takeover offer from CPPIB. However directors are not unanimous on whether shareholders should vote in favour or against CPPIB acquiring up to 40 per cent of the company. More >> ALSO:NZ First - Airport’s Board Sells OutWaitakere City - Canadian Offer FearsAuckland International Airport - Auckland in top three for airport service quality
ENDS