Deutsche Craigs, Goldmans to run Napier Port IPO

Tue, 05 Feb 2019

By Paul McBeth Feb. 5 (BusinessDesk) - Hawke's Bay Regional Council has hired Deutsche Craigs and Goldman Sachs to run the planned partial privatisation of Napier Port. The local body today appointed the investment banks as joint lead managers of the planned initial public offering and listing of the port operator on the NZX. It also hired corporate advisory firm Flagstaff Partners to advise on the process. Both Deutsche Craigs and Goldmans had similar roles in the government's mixed ownership model of selling minority stakes in the...

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