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ACC implores Infratil board address 'unfair' M-Co contract

Infratil's second largest shareholder lays out four issues with M-Co's fees.

Infratil’s second largest shareholder has again called out the “unfairness” of the contract which will pay the investor’s manager Morrison & Co hundreds of millions of dollars in incentive fees.

“We recognise unfair when we see it,” said a statement from ACC, which owns just under 5%

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Hamish McNicol Fri, 20 Aug 2021
Contact the Writer: Hmcnicol@nbr.co.nz
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ACC implores Infratil board address 'unfair' M-Co contract
Investment,
88600
true