Auckland Airport share trading halted as Auckland Council moves to sell remaining stake

"Auckland Future Fund Trustee Limited has invited a relatively large group of brokers to submit offers for a parcel of 163,231,446 shares in Auckland Airport," the company said in a filing to the New Zealand stock exchange. Based on Auckland Airport's closing price of NZ$8.08 on Tuesday, the stake is worth about NZ$1.32 billion ($776.03 million). Last year, Auckland Council lowered its stake in the airport operator by about 7% after selling shares worth NZ$835.9 million.

Topics

G.M. Will Sell Stake in EV Battery Plant to LG

LG Energy Solution will now solely own a factory in Michigan that it had planned to operate through a joint venture with General Motors.
The New York Times - 1d
GM to sell stake in battery cell plant to joint venture partner for roughly $1 billion

General Motors plans to sell its stake in a $2.6 billion electric vehicle battery cell plant in Michigan to its joint venture partner LG Energy Solution.
CNBC - 1d
Council Bluffs police ask for help in homicide investigation related to skeletal remains found in May

Council Bluffs police are asking for help in a homicide investigation related to a body found in May.
Yahoo Sports - 18h
College basketball rankings: UConn remains in AP Top 25 poll; Kentucky, Tennessee move into top five

The Huskies fell from No. 2 to No. 25 in this week's AP Top 25 rankings
CBS Sports - 1d
What’s at stake with a second Trump presidency – in charts and maps

Conflicts around the globe and domestic policies on immigration and vaccinations are likely to face upheaval. The second Donald Trump administration is expected to have a vast impact both ...
The Guardian - 1d
'A bittersweet ending but the achievements remain indelible'

Lewis Hamilton will race for Mercedes for the final time on Sunday as driver and team part after "12 incredible years".
BBC News - 10h
NBA Cup updates: Knockout round set as Bucks, Knicks, Mavs clinch

We've arrived to the NBA quarterfinals. Here are the eight teams that will move onto next week's elimination games.
ESPN - 1h
American families will be big losers if the world ditches the dollar. Here’s what’s at stake.

Pay now or pay later: U.S. must defend its allies or the dollar could lose the reserve currency status that American consumers enjoy.
MarketWatch - 19h

Auckland Airport share trading halted as Auckland Council moves to sell remaining stake

Topics

Related

G.M. Will Sell Stake in EV Battery Plant to LG

GM to sell stake in battery cell plant to joint venture partner for roughly $1 billion

Council Bluffs police ask for help in homicide investigation related to skeletal remains found in May

College basketball rankings: UConn remains in AP Top 25 poll; Kentucky, Tennessee move into top five

What’s at stake with a second Trump presidency – in charts and maps

'A bittersweet ending but the achievements remain indelible'

NBA Cup updates: Knockout round set as Bucks, Knicks, Mavs clinch

American families will be big losers if the world ditches the dollar. Here’s what’s at stake.

More from Yahoo Sports

Clemson wasn't invited to the CFP party, but the Tigers can crash it

Data Dump Wednesday: 10 stats to know for Week 14 + 4 players to stash on your bench | Yahoo Fantasy Forecast

Iowa QB Cade McNamara to enter transfer portal after two seasons with Hawkeyes

Kerr calls out Podz's decision-making after Warriors' loss to Nuggets

Fantasy Football RB Report: Can managers trust anyone in the Chiefs or Chargers backfield?