PPRuNe Forums - View Single Post - Qantas DOES buy 1/4 of ANZ!!
Thread: Qantas DOES buy 1/4 of ANZ!!
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Old 25th Nov 2002, 01:44
  #4 (permalink)  
Torres
 
Join Date: Jan 1999
Location: Queensland
Posts: 2,422
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That purchase now values TE at NZ$ 2.444 Billion.

When the Kiwi Government pumped in NZ$885 million for 82% equity, TE was obviously worth NZ$1.079 Billion.

Nice capital gain for the Kiwi Government!
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