BBP 0.00% 9.5¢ babcock & brown power

potential buyer

  1. 948 Posts.
    Li's Cheung Kong Infrastructure Holdings yesterday agreed to buy the Taharoa Iron Sands business from New Zealand Steel's parent company, Australia's BlueScope Steel, for $250 million. See story.

    This deal closely follows Cheung Kong's April purchase of the Wellington electricity network from Vector for $785 million.
 
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Currently unlisted public company.

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