News: Haier Electronics Group Co Ltd (1169.HK)

1169.HK on Hong Kong Stock

23.15HKD
22 Aug 2014
Price Change (% chg)

HK$0.10 (+0.43%)
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HK$23.05
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Thu, Feb 27 2014

Maori tribes bid against Carlyle for Transpacific NZ arm

SYDNEY - A consortium involving two Maori tribes will bid against private equity giant Carlyle Group Ltd for Transpacific Industries Group Ltd's New Zealand waste management business, a deal expected to fetch NZ$1 billion ($830.20 million), a person involved in the bid told Reuters.

REFILE-UPDATE 1-Maori tribes bid against Carlyle for Transpacific NZ arm

* NZ tribes in consortium for NZ$1 billion waste management business

RPT-UPDATE 1-Maori tribes bid against Carlyle for Transpacific NZ arm

* NZ tribes in consortium for NZ$1 billion waste management business

Carlyle to bid against New Zealand, China funds for Transpacific NZ arm -source

SYDNEY, Feb 27 - Private equity giant Carlyle Group is expected to bid for Transpacific Industries Group Ltd's New Zealand waste management business, competing with state funds from both New Zealand and China in a deal that could fetch about NZ$1 billion ($830 million), a source close to the sale told Reuters.

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