NZ ports merger iced after rebuff
by
Obsidian
—
last modified
Mar 05, 2009 12:00 AM
Ports of Auckland has terminated its pursuit of a merger with its rival, Port of Tauranga.
The ports had held informal discussions about merging their respective container businesses in an effort to save on costs and more efficiently handle freight moving through either New Zealand port.
However, Port of Tauranga confirmed it had declined to hold...
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