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Land Disinformation New Zealand

Among some high-profile Overseas Investment Office consents granted last month was a very mysterious application.The list of OIO decision summaries for February - released by Land Information New Zealand - features approval for Kraft's takeover of Cadbury

NBR staff
Fri, 02 Apr 2010

Among some high-profile Overseas Investment Office consents granted last month was a very mysterious application.

The list of OIO decision summaries for February - released by Land Information New Zealand - features approval for Kraft’s takeover of Cadbury’s New Zealand assets and Aussie company Amalgamated Holdings’ purchase of Sky City Cinema Holdings.

But one of the decision summaries is titled “Confidential” and it details consent being granted for a purchase by a 100% Australian-owned applicant of a 100% New Zealand-owned vendor.

Unfortunately, the investment, the asset value, the name of the applicant and the name of the vendor are all confidential.

Thanks for all the helpful information guys.

NBR staff
Fri, 02 Apr 2010
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Land Disinformation New Zealand
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