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NZ Super Fund settles stake in Kiwibank

KERRIE SYDEE  |  WEDNESDAY, 2 NOV 2016
... settlement of an investment in Kiwi Group Holdings, the owner of the Kiwibank. NZ Super Fund has acquired a 25% stake from NZ Post for $263 million, while ACC has invested $231 million for a 22% stake. The $494 million deal values KGHL at $1.05 billion. ...
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