Auckland Airport was up 5.4 per cent at $7.61, with $39 million worth of shares traded. The A$22 billion (NZ$23.6 billion) offer for Australia’s biggest airport showed the potential in the sector, Williamson said.
RICKY WILSON/Stuff
A surge in Auckland Airport shares after a takeover offer for Sydney Airport helped boost the sharemarket. “Investors are saying Auckland Airport is undervalued.” The unsolicited offer for Sydney Airport from a group of infrastructure investors was at a significant 42 per cent premium to the shares’ close on Friday. Sydney Airport shares were up 32 per cent on Monday afternoon, at A$7.68. However, the aviation and tourism sectors remain under pressure, with further disruption to the trans-Tasman travel bubble. On Monday afternoon, the Government extended a pause on quarantine-free travel with the Australian states of New South Wales and Queensland due to the number of cases of Covid-19.
Vaccines seen as key to business survival as years of disruption forecast stuff.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stuff.co.nz Daily Mail and Mail on Sunday newspapers.
Tuesday, 16 March 2021, 10:44 am
The Financial Markets Authority (FMA) Board today
announced that Chief Executive Rob Everett had resigned and
would leave the organisation towards the end of the
year.
FMA Chair Mark Todd said Mr Everett has done an
outstanding job as the FMA’s second Chief Executive,
overseeing the implementation of the Financial Markets
Conduct Act as well as helping to lead a national discussion
around the need for conduct regulation in financial
services.
“Rob has been, and will continue to be, a
truly outstanding leader of the FMA, who will leave a
lasting legacy. He has the greatest respect both within the
Press Release – Financial Markets Authority The Financial Markets Authority (FMA) Board today announced that Chief Executive Rob Everett had resigned and would leave the organisation towards the end of the year. FMA Chair Mark Todd said Mr Everett has done an outstanding job as the FMAs …
The Financial Markets Authority (FMA) Board today announced that Chief Executive Rob Everett had resigned and would leave the organisation towards the end of the year.
FMA Chair Mark Todd said Mr Everett has done an outstanding job as the FMA’s second Chief Executive, overseeing the implementation of the Financial Markets Conduct Act as well as helping to lead a national discussion around the need for conduct regulation in financial services.
Business Scoop » FMA Board Announces Chief Executive Will Leave At End Of 2021 scoop.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from scoop.co.nz Daily Mail and Mail on Sunday newspapers.