Post by Kiwi Frontline on Jul 11, 2024 5:57:46 GMT 12
NGĀI TAHU FORESTRY PARTNERS WITH CANADIAN INVESTMENT FIRM
Ngāi Tahu Holdings has agreed to a 35-year cutting right of its West Coast forestry operations to Canadian investment firm Fiera Comox to stay on top of rising interest rates.
The iwi-led company announced its decision to sell an 85% stake in the above ground assets for Te Tai o Poutini-West Coast.
Chief executive officer Todd Moyle told The Post the sale would free up the capital needed to maintain the business through tough economic headwinds....
www.thepress.co.nz/business/350337979/ngai-tahu-forestry-partners-canadian-investment-firm
Ngāi Tahu Holdings has agreed to a 35-year cutting right of its West Coast forestry operations to Canadian investment firm Fiera Comox to stay on top of rising interest rates.
The iwi-led company announced its decision to sell an 85% stake in the above ground assets for Te Tai o Poutini-West Coast.
Chief executive officer Todd Moyle told The Post the sale would free up the capital needed to maintain the business through tough economic headwinds....
www.thepress.co.nz/business/350337979/ngai-tahu-forestry-partners-canadian-investment-firm