UFB2 decision a mixed bag for Chorus
Share analyst reduces 12-month target; market analyst gives government thumbs up for taking conservative tack with the $310m tender.
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Hawke’s Bay
The UFB2 decision was broadly positive for Chorus.
After flirting with the possibility of giving some more of the action to new, smaller players, Crown Fibre Holdings ultimately awarded the $310 million tender* to the four incumbents: Chorus ($291 million), Northpower ($15 million), Enable
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UFB2 decision a mixed bag for Chorus
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