Kiwibank: Is the $495m price right?
Did ACC and the New Zealand Superannuation Fund pay enough? With special feature audio.
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Hawke’s Bay
New Zealand Post’s $495 million planned sale of 45% of Kiwibank to the New Zealand Superannuation Fund and ACC should be good for Kiwibank, fund managers and a banking expert say.
Having three shareholders instead of one should lead to better corporate governance at the bank, they say.
It should
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Jenny Ruth
Thu, 07 Apr 2016
Thu, 07 Apr 2016
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Kiwibank: Is the $495m price right?
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