The S&P/NZX 50 Index closed at 12,692.72, down 68.47 points or 0.54%.
The sale will result in a $70m gain on telco's books.
Zespri's producer vote to expand global supply passed this week.
Current CFO Mike Roan will take Barclay's spot atop Meridian.
A dividend freeze as the family empire rebuilds for the future.
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