The government has been accused of spending the proceeds of asset. new schools and transport projects. The government raised a lower-than-expected $4.7 billion from the sales of stakes in Mighty River Power, Meridian Energy,
WELLINGTON – One of the world’s biggest asset finance and leasing companies, China-based HNA Group, has purchased its first foothold in New Zealand. ANZ Bank New Zealand Ltd, one of New Zealand’s biggest commercial.
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WELLINGTON (Reuters) – New Zealand’s finance minister said on Friday the government expects the proceeds from its sale of state assets will be around NZ$5 billion ($4.2 billion), less than earlier estimates because of lower asset.
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Income from State Asset Sales as at May 2014. Published 14 May 2014. Historical information on the sale price and background to New Zealand Government asset sales as.
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On Nov. 29, S&P said it expects to cut UDC Finance Ltd.’s credit rating if the New Zealand company’s sale to HNA is completed. HNA’s flagship airline said Wednesday it scrapped plans to sell 1 billion yuan ($151 million) of perpetual.
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ANZ is off-loading its New Zealand asset finance firm – as it continues to streamline its business. ANZ will sell U-D-C Finance to China’s H-N-A Group for around 660 million New Zealand dollars. The sale, which also includes the.
Highly acquisitive Chinese conglomerate HNA Group has launched its first foray into New Zealand with the acquisition of asset financing business UDC Finance for NZ$660 million. UDC is currently owned by ANZ New Zealand, a.
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WELLINGTON, Jan 11 (Reuters) – ANZ has agreed to sell New Zealand subsidiary UDC Finance to China’s HNA Group for about NZ$660 million ($460 million), the Australian bank said on Wednesday. The bank expected the sale to be.
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The Melbourne-based bank this morning announced it had sold the New Zealand-focused asset finance business UDC Finance to Chinese logistics and financial services company HNA Group for $NZ660 million ($626 million). The price.