AustralianSuper building its run for Infratil

AustralianSuper building its run for Infratil
Dan Brunskill
The skirmish between Infratil and its unwelcome suitor AustralianSuper has only just begun, with the cashed-up bidder reportedly reaching out to shareholders to build support for another offer.The Australian pension fund is understood to be pursuing sustained public and shareholder pressure on the Infratil board to force further consideration of its $5.37 billion takeover bid at $7.43 a share.The proposal is to acquire the firm via scheme of arrangement, offering $5.79 cash per share plus the distribution of TrustPower shares to Infratil shareh...

More Infrastructure

Port of Tauranga ‘reluctantly’ doubles MetroPort rail fees
Primary Sector

Port of Tauranga ‘reluctantly’ doubles MetroPort rail fees

The port says it's working with KiwiRail on 'long-term arrangements'. 

Oliver Lewis 04 Jul 2025
‘Bluewater backbone’: Lyttelton, Auckland ports plan $1b+ of upgrades
Policy

‘Bluewater backbone’: Lyttelton, Auckland ports plan $1b+ of upgrades

Two of the biggest NZ ports are raising prices as they plan major investments.

Oliver Lewis 02 Jul 2025
Cost of Ōtaki to north of Levin highway nears $2b
Infrastructure

Cost of Ōtaki to north of Levin highway nears $2b

In 2020, the lower North Island expressway was costed at just $817m.

Oliver Lewis 01 Jul 2025
The keys to unlocking Northport's land value
Infrastructure

The keys to unlocking Northport's land value

MMH's land is valued at five times less than its next-door neighbour, Channel.

Ian Llewellyn 30 Jun 2025