Group finds face-saving NZ exit but Oz rejig stalls

Group finds face-saving NZ exit but Oz rejig stalls

Source: Studio Sarah Lou / Flickr

Read’s portfolio cull in non-European markets continues. Group hopes it is third-time-lucky for a deal to remove shackles in NZ. Infrastructure funds offered up as new M&A buddies for Group in retreat. Auxit denied: TPG deal knockback dampens the mood.

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