Auckland airport, or rather 60% of its shares, is for sale and Dubai Aerospace Enterprises wants to buy.
The average kiwi doesn't like the idea, much to the surprise of Dubai Aerospace Enterprises. It seems we are a little concerned about the idea of some foreign investor owning our biggest international airport. Not that we have many international airports.
Now it seems that Canada Pension Plan Investment Board is preparing an offer as well.
Auckland and Manukau City ratepayers are going to have to put their money where their mouths are to stop a sale going ahead. It's their local councils doing the bulk of the selling.
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