The days of an upfront contracted price are gone.
Adamantem Capital has controlled NZ's third-largest aged care provider since April 2017 and its typical investment period is three-to-five years.
It was promoted as a once-in-a-lifetime chance to upgrade health infrastructure. But just getting the money out the door seems to be taking an age.
Auckland's contentious cycle bridge is not included in government's latest transport spending plan.
Infrastructure Editor
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articles by Oliver