Deal that just won’t be done – Canadian fund walks from Auckland as government slams door shut
The New Zealand Government has, as expected, rejected a bid by the Canadian Pension Plan
Investment Board (CPPIB) to buy a 40% shareholding in Auckland International Airport
Limited (AIAL), on the grounds that the “benefit to New Zealand” criterion was not met. It completes 12 months of mishandling of the Canadian (and other) bids for AIAL, punctuated by Board backflips and the shifting of the foreign investment goal-posts by the New Zealand Government.
Become a CAPA Member to access Analysis Reports
Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.
Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.
CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 400 News Briefs every weekday and comprehensive data and analysis on thousands of companies around the world.