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The $268.5 million purchase will take effect from the end of July, the company said.
Fisher & Paykel Healthcare was down 1.6 per cent at $30.12. Among other blue chips, Meridian Energy was flat at $5.21, Contact Energy was up 2.2 per cent at $8.40, Mainfreight was down 1.9 per cent at $77.32, and Fletcher Building fell 2 per cent at $7.26.
“That was a good result for Sydney, it highlights once again the value of some of these important strategic assets” Main said.
“Sydney’s a key hub for the Australasian region, so if they did lose that it might mean you get more investor interest in Auckland. Obviously you can’t take over Auckland Airport as such but it’s definitely had a flow-on effect for the last couple of days.” ....

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