NPT board considers other offers following Augusta board challenge

Thu, 03 Nov 2016

By Sophie Boot Nov. 3 (BusinessDesk) - The board of listed property investor NPT, which Augusta Capital is attempting to oust, says it is considering other proposals and has asked NZX for guidance on aspects of Augusta's expansion plan for NPT. Auckland-based property investor Augusta last month announced it is seeking a special meeting of NPT shareholders where it wants to dump chairman John Anderson and directors Jim Sherwin and Tony Sewell, replacing them with its own chairman, Paul Duffy, and independents Bruce Cotterill and Allen Bol...

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