Duncan Saville's Utilico ends 12-year run as substantial Infratil investor

Fri, 22 Jan 2016

By Paul McBeth Jan. 22 (BusinessDesk) - Long-standing Infratil shareholder Utilico Investments has ended its 12-year run as a substantial shareholder in the infrastructure investor. The UK investment house sold 5 million shares on Jan. 20, trimming its stake in the company to 4.5 percent, below the 5 percent threshold that deems an investor to be a substantial shareholder. Utilico used to be known as Infratil International, whose directors included Duncan Saville, one of the original directors and a founder of Infratil. The UK firm is...

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