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Mobil exits Marsden Pt stake in $72.6m block trade

Jarden to manage and underwrite the sale.

The refinery at Marsden Pt was dismantled and converted to a fuel import terminal last year.

NBR Staff Thu, 14 Dec 2023

The biggest shareholder in fuel terminal operator Channel Infrastructure is selling its stake in a $72.6 million block trade managed and underwritten by Jarden.

In a statement to the NZX, Channel Infrastructure said its 14.2% shareholder Mobil Oil NZ will sell all its 53.76 million shares at $1.35 a

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NBR Staff Thu, 14 Dec 2023
Contact the Writer: editor@nbr.co.nz
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Mobil exits Marsden Pt stake in $72.6m block trade
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