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Auckland International Airport Ltd board advises shareholders to turn down offer.

Publication: Airline Industry Information
Publication Date: 18-DEC-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
AIRLINE INDUSTRY INFORMATION-(C)1997-2007 M2 COMMUNICATIONS LTD

On 17 December directors of Auckland International Airport Ltd gave advice to shareholders to reject a partial takeover offer from the Canada Pension Plan Investment Board.

According to Tony Frankham, chairman of the international airport, the board voted unanimously to recommend that shareholders...

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