Port of Tauranga Ltd

POT: XNZE (NZL)
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Port of Tauranga: Joint Venture to Buy Marsden Maritime and Simplify Development of Northport

Port of Tauranga and consortium partners have conditionally agreed to buy Marsden Maritime, which owns 50% of Northport and adjacent commercial land. Port of Tauranga expects to contribute NZD 40 million and its existing 50% stake in Northport, and gain a 50% share of the joint venture.

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