Merchant bank confirms Vector approach
Source describes plan to sell partial stake in network asset.
Tim Hunter
Wed, 12 Sep 2018
A proposal to sell part of Vector’s Auckland electricity network to an outside investor is believed to have been developed by an investment bank.
The aim of the scheme would be to release capital for Auckland Council, Entrust’s capital beneficiary under its trust deed.
Talk of the
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Tim Hunter
Wed, 12 Sep 2018
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