New Zealand sharemarket darling Infratil is in danger of being lost offshore, to Australia's superfund. But is the company too important to lose? Key New Zealand companies including a phone business, energy firms and airport could end up in foreign hands for good after a multi-billion dollar bid for their majority owner. AustralianSuper's $5.4 billion bid for the New Zealand sharemarket darling Infratil has been described as hostile, audacious.
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The central business district of Egypt’s new administrative capital, some 45km east of Cairo, is seen under construction on January 26. Egypt started the work by partnering with the China State Construction Engineering Company, as part of China s larger Belt and Road Initiative. Photo: EPA-EFE
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Anthony Rowley is a veteran journalist specialising in Asian economic and financial affairs. He was formerly Business Editor and International Finance Editor of the Hong Kong-based Far Eastern Economic Review and worked earlier on The Times newspaper in London
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