Finance / Australia
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Hong Kong's 'Superman' To Buy NZ Electricity Network
May 2008 | M&A News AlertSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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Hong Kong's so-called superman, Li Ka-shing, has extended his reach to New Zealand via his company Cheung Kong Infrastructure Holdings (CKI). CKI bid NZD785mn (US$614mn) for Wellington's power network, which is currently owned by New Zealand's Vector.