Salt throws its support behind Marsden Maritime Holdings takeover

The consortium wants to bring Northport and Marsden Maritime Holdings under a single ownership structure. (Image: Supplied)

Staff reporters

Thu, 08 May 2025

Salt Funds Management has agreed to sell its shares in Marsden Maritime Holdings to a consortium aiming to bring the company and Northport under shared ownership.Earlier this year, the NZX-listed industrial land owner announced Northland Regional Council (NRC), Port of Tauranga and the Ngāpuhi investment fund Tupu Tonu had proposed a scheme of arrangement to buy out all minority shareholders in Marsden Maritime Holdings (MMH) for $5.60 a share and delist the company from the exchange.Under the terms of the scheme, the consortium will establish...

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