CORRECT: NPT shareholders to vote on Kiwi Property offer, Augusta board spill

Wed, 29 Mar 2017

(Clarifies Augusta proposal in lede paragraph) By Paul McBeth March 30 (BusinessDesk) - NPT will pitch its favoured tie-up with Kiwi Property Group at a special meeting next month, where shareholders will vote on whether to back the deal or accept a rival proposal from Augusta Capital to dump the board. The Christchurch-based property investor has wrapped up negotiations with Kiwi Property over a transaction where the larger firm will sell the North City Shopping Centre in Porirua and Majestic Centre in downtown Wellington to NPT for...

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