Listing PPPs not as lucrative as private sale - fund manager

Listing PPPs not as lucrative as private sale - fund manager
Victoria Young
By Victoria Young Sept. 2 (BusinessDesk) - Private equity buyers will offer a bigger payday than listing about $250 million of public-private partnership investments, according to the managers of the suite of assets. The investment managers said they looked long and hard at a public listing, but decided it won’t match the profits it expects from a private sale. The portfolio has attracted more than 25 expressions of interest from various local and overseas funds. “The issue is the listed markets aren’t providing that type of pricing th...

More Finance

Port of Auckland to pay $45m special dividend to council
Finance

Port of Auckland to pay $45m special dividend to council

The divestment proceeds will be used to top up the Auckland Future Fund.

Oliver Lewis 27 Jun 2025
$600m in tourist spend at risk from regulation: Mastercard
Finance

$600m in tourist spend at risk from regulation: Mastercard

When Europe cut interchange fees, foreign card decline rates soared.

Pattrick Smellie 27 Jun 2025
Michael Lorimer exits Grant Samuel amid more sector change
Finance

Michael Lorimer exits Grant Samuel amid more sector change

Lorimer has sold his 80% stake in the corporate advisory firm.

Duncan Bridgeman 26 Jun 2025