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Port takeover highlights confusion on valuations
2014-09-20 18:37:27| Chemicals - Topix.net
The recent takeover of Lyttelton Port of Christchurch was a case in point - different valuations had been presented to shareholders with the potential for confusion, association chairman John Hawkins said. The port board had received inquiries about whether the net asset value contained in the company's 2014 annual report and result should have been compared to another valuation used in the independent adviser's report issued to shareholders as part of the takeover process.
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Category:Chemicals