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Super Fund, ACC eye Kiwibank

NZ NewswireNZ Newswire 5/04/2016

New Zealand Post is looking to sell 45 per cent of its shares in Kiwibank to the Superannuation Fund and ACC.

New Zealand Post Group chair Sir Michael Cullen made the announcement in Wellington on Wednesday.

He said New Zealand Post has received an indicative offer from the Super Fund and ACC to purchase 25 per cent and 20 per cent respectively of Kiwi Group Holdings.


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