The government is looking like realising their goals from asset sales with the return from Air New Zealand bringing in $365 million.
The Government has completed the sale of 20 per cent of Air New Zealand, selling just over 221 million shares at $1.65, Finance Minister Bill English and State Owned Enterprises Minister Tony Ryall say.
â€śThe sell down of shares has returned $365 million, which will now be allocated to the Future Investment Fund so we can keep building new assets like schools and hospitals while controlling Government debt,â€ť Mr English says.
â€śThis brings the total share offer programme proceeds to almost $4 billion after three partial sales. Â Read more »