Marsden Maritime Holdings seeks new deal to acquire Northport shares

NZ HeraldRNZTuesday 25 February 2025 · 2 outlets · 2 reports · updated

In this story High Court, NZX, Ngāpuhi, Northland Regional Council, Ports of Auckland

Photo: NZ Herald (opens in new tab)

Marsden Maritime Holdings has reached an agreement with a consortium to acquire all Northport shares, excluding those held by the Northland Regional Council. The company intends to pay $5.60 per share in cash through a scheme of arrangement, which has received unanimous board support.

How they headlined it

First reported by NZ Herald, Tue 25 Feb 2025, 8:55am · 2 reports from 2 outlets over 3 hours
  1. NZ HeraldNZ Herald

    Northport scheme: Marsden wants new deal with consortium for acquisition of shares (opens in new tab)

  2. RNZRNZ

    Consortium looks to take control of Northport (opens in new tab)