Biggest Infratil trade since January, shares at more than six-year high

Wed, 24 Sep 2014

By Suze Metherell Sept. 24 (BusinessDesk) - The biggest trade in Infratil shares since January has coincided with the price hovering above a six-year high. About 1.5 percent of the Wellington-based investor, or 8.5 million shares, changed hands in one trade this morning at $2.79 a piece, or a total $23.7 million, according to Reuters data. Market sources said the sale was managed by First NZ Capital, which wasn't immediately available to comment. The purchase would make a new investor at least the 13th biggest shareholder in Infratil, in...

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