Augusta wins the day
Shareholders at property company NPT have rejected a $230 million deal with Kiwi Property Group and voted to change the board.
Shareholders at property company NPT have rejected a $230 million deal with Kiwi Property Group and voted to change the board.
The result is a victory for NPT’s 18.8% shareholder Augusta Capital and fund manager Salt Funds, holder of 13.7%, who had strongly opposed the deal with
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Tim Hunter
Fri, 21 Apr 2017
Fri, 21 Apr 2017
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Augusta wins the day
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