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Infratil, Guardians of NZ Super take step closer to buying Shell assets

Monday 21st December 2009

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Infratil Ltd and the Guardians of New Zealand Superannuation moved a step closer to acquiring the local downstream assets of Royal Dutch Shell Group after signing a letter of intent for the purchase.

The letter doesn’t constitute a binding agreement though it does “represent Infratil and the Guardians’ clear intention to proceed to acquire Shell’s New Zealand downstream assets if relevant pre-requisites are met including the securing of third-party approvals, they said in a statement.

Shares of Infratil fell 1.2% to $1.63 and are little changed this year.

Shell is selling assets including a chain of 229 petrol stations and a 17% stake in New Zealand refining, the nation’s only oil refinery.

Shell is also in talks to sell its holding in Fulton Hogan back to the closely held construction company. 

 

Businesswire.co.nz

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Get quotes for Infratil Limited Ordinary Shares (IFT)
NZX Annoucements for IFT
30 Aug 2010 GENERAL: IFT130: Infrastructure Bonds Maturing 15 November 2010
26 Aug 2010 MONTHLY: IFT: Infratil Monthly Operational Update
26 Aug 2010 LISTING: IFT: Admission to ASX Official List
19 Aug 2010 BUYBACK: IFT: Perpetual Infratil Infrastructure Bonds (PIIBs) Buyback
18 Aug 2010 ALLOT: IFTHA: Perpetual Infratil Infrastructure Bonds (PIIBs) Buyback
17 Aug 2010 BUYBACK: IFT: Perpetual Infratil Infrastructure Bonds (PIIBs) Buyback
13 Aug 2010 GENERAL: IFT: Greenstone Energy bond issue
11 Aug 2010 MEETING: IFT: Annual Meeting
11 Aug 2010 ADDRESS: IFT: Annual Meeting Presentation
6 Aug 2010 GENERAL: IFT: ASX Listing of Ordinary Shares
2 Aug 2010 APPNDX7: IFTHA: Perpetual Infrastructure Bonds Interest Payment (IFTHA)
2 Aug 2010 APPNDX7: IFT090: 15 February 2020 Bonds Interest Payment (IFT090)
2 Aug 2010 APPNDX7: IFT140: 15 Nov 2011 Bonds - Interest Payment (IFT040)
2 Aug 2010 APPNDX7: IFT130: 15 Nov 2010 Bonds Interest Payment (IFT130)
2 Aug 2010 APPNDX7: IFT110: 15 Nov 2012 Bonds Interest Payment (IFT110)
2 Aug 2010 APPNDX7: IFT070: 15 Nov 2015 Bonds Interest Payment (IFT070)
2 Aug 2010 APPNDX7: IFT140: 15 May 2011 Bonds - Interest Payment (IFT140)
30 Jul 2010 MONTHLY: IFT: Infratil Monthly Operational Update
23 Jul 2010 BUYBACK: IFT: Share Buyback
22 Jul 2010 BUYBACK: IFT: Share Buyback
21 Jul 2010 BUYBACK: IFT: Share Buyback
13 Jul 2010 WAV/RULE: IFT: NZX Regulation - IFT - Waiver NZSX Listing Rule 7.3.2b)
13 Jul 2010 MEETING: IFT: Infratil Notice of Meeting
13 Jul 2010 MEETING: IFT: Infratil Notice of Meeting
6 Jul 2010 GENERAL: IFT: ASX Listing of Ordinary Shares
30 Jun 2010 ALLOT: IFT: Exercise of Warrants
29 Jun 2010 RELINT: IFT: Director and Officer Disclosure
28 Jun 2010 ANNREP: IFT: Infratil Annual Report 2010
25 Jun 2010 RELINT: IFT: Ongoing Disclosure Notice (Lib Petagna)
25 Jun 2010 RELINT: IFT: Ongoing Disclosure Notice (Tim Brown)
25 Jun 2010 RELINT: IFT: Disclosure of Directors and Officers - Kevin Baker
25 Jun 2010 DRP: IFT: Dividend Reinvestment Plan
25 Jun 2010 MONTHLY: IFT: Infratil Monthly Operational Update
22 Jun 2010 DRP: IFT: Dividend Reinvestment Plan Price Determined
21 Jun 2010 DIRECTOR: IFT: Director Resignation
14 Jun 2010 BUYBACK: IFT: Share Buyback
9 Jun 2010 MEETING: IFT: Special Meeting of Shareholders
4 Jun 2010 APPNDX7: IFT060: Appendix 7 - Interest Payment (IFT060)
4 Jun 2010 BUYBACK: IFT: Share Buyback
3 Jun 2010 DIRECTOR: IFT: Director Nominations
31 May 2010 ALLOT: IFT: Exercise of Warrants
27 May 2010 BUYBACK: IFT: Share Buyback
26 May 2010 RELINT: IFT: Director and Officer Disclosure - Tim Brown
26 May 2010 BUYBACK: IFT: Share Buyback
25 May 2010 RELINT: IFT: Ongoing Disclosure Notice (Duncan Saville)
24 May 2010 SSH: IFT: SSH Notice (Utilico Limited)
24 May 2010 RELINT: IFT: Ongoing Disclosure Notice (Duncan Saville)
24 May 2010 ALLOT: IFT: Exercise of Warrants
24 May 2010 RELINT: IFT: Disclosure of Directors and Officers - Kevin Baker
24 May 2010 RELINT: IFT: Director Disclosure - Lloyd Morrison
24 May 2010 BUYBACK: IFT: Share Buyback
21 May 2010 RELINT: IFT: Director Disclosure - David Newman
21 May 2010 RELINT: IFT: Ongoing disclosure (Kevin Baker)
19 May 2010 BUYBACK: IFT: Cancellation of Treasury Stock - amended
18 May 2010 ALLOT: IFT: Exercise of Warrants Amended
18 May 2010 ALLOT: IFT: Exercise of Warrants
18 May 2010 FLLYR: IFT: Infratil Results for the year ended 31 March 2010
17 May 2010 MEETING: IFT: Notice of Special Meeting
12 May 2010 BUYBACK: IFT: Cancellation of Treasury Stock
11 May 2010 WAV/RULE: IFT: IFT - Application for Waiver from NZSX Listing Rule 7.11.1
11 May 2010 DRP: IFT: Infratil Dividend Reinvestment Plan
11 May 2010 ALLOT: IFT: Exercise of Warrants
10 May 2010 ALLOT: IFT: Exercise of Warrants
7 May 2010 ALLOT: IFT: Exercise of Warrants
6 May 2010 APPNDX7: IFT110: Appendix 7 - Interest Payment (IFT110)
6 May 2010 APPNDX7: IFT090: Appendix 7 - Interest Payment (IFT090)
6 May 2010 APPNDX7: IFT070: Appendix 7 - Interest Payment (IFT070)
6 May 2010 APPNDX7: IFT040: Appendix 7 - Interest Payment (IFT040)
6 May 2010 APPNDX7: IFT140: Appendix 7 - Interest Payment (IFT140)
6 May 2010 APPNDX7: IFT130: Appendix 7 - Interest Payment (IFT130)
6 May 2010 APPNDX7: IFTHA: Appendix 7 - Interest Payment (IFTHA)
6 May 2010 ALLOT: IFT: Exercise of Warrants
4 May 2010 ALLOT: IFT: Exercise of Warrants
3 May 2010 ALLOT: IFT: Exercise of Warrants
3 May 2010 SSH: IFT: SSH (AMP Capital Investors (New Zealand) Limited)
29 Apr 2010 MONTHLY: IFT: Infratil Monthly Operational Update
29 Apr 2010 ALLOT: IFT: Exercise of Warrants
28 Apr 2010 DRP: IFT: Dividend Reinvestment Plan
23 Apr 2010 ALLOT: IFT: Exercise of Warrants
21 Apr 2010 ALLOT: IFT: Exercise of Warrants
21 Apr 2010 EXERCISE: IFT: Exercise of IFTWB Warrants
19 Apr 2010 ALLOT: IFT: Exercise of Warrants
19 Apr 2010 ALLOT: IFT: Exercise of Warrants
9 Apr 2010 RELINT: IFT: Ongoing Disclosure Notice (Anthony Muh)
7 Apr 2010 BUYBACK: IFT: Share Buyback
7 Apr 2010 BUYBACK: IFT: Share Buyback
6 Apr 2010 WAV/RULE: IFT: NZX Regulation- IFT - Waiver from NZSX Listing Rule 9.2.1
6 Apr 2010 BUYBACK: IFT: Share Buyback
6 Apr 2010 SSH: IFT: SSH (Blair Cooper)
6 Apr 2010 SSH: IFT: SSH (Accident Compensation Corporation)
6 Apr 2010 ASSET: IFT: Shell New Zealand Acquisition Completed
1 Apr 2010 ALLOT: IFT: Exercise of Warrants
1 Apr 2010 BUYBACK: IFT: Share Buyback
30 Mar 2010 SSH: IFT: SSH (Accident Compensation Corporation)
30 Mar 2010 SSH: IFT: SSH (AMP Capital Investors (New Zealand) Limited)
29 Mar 2010 ASSET: IFT: INFRATIL AGREES PURCHASE OF SHELL NZ ASSETS
26 Mar 2010 MONTHLY: IFT: Infratil Monthly Operational Update
24 Mar 2010 ALLOT: IFT: Exercise of Warrants
22 Mar 2010 BUYBACK: IFTHA: Perpetual Infratil Infrastructure Bonds (PIIBs)
11 Mar 2010 ALLOT: IFT: Exercise of Warrants
11 Mar 2010 ADDRESS: IFT: Infratil Investor Day
4 Mar 2010 ALLOT: IFT: Exercise of Warrants
1 Mar 2010 MONTHLY: IFT: Infratil Monthly Operational Update
1 Mar 2010 BUYBACK: IFTHA: Pertpetual Infratil Infrastructure Bonds (PIIBs)
1 Mar 2010 APPNDX7: IFT060: Appendix 7 - Interest Payment (IFT060)
10 Feb 2010 ALLOT: IFT: Exercise Of Warrants
1 Feb 2010 APPNDX7: IFTHA: Appendix 7 - Interest Payment (IFTHA)
1 Feb 2010 APPNDX7: IFT110: Appendix 7 - Interest Payment (IFT110)
1 Feb 2010 APPNDX7: IFT090: Appendix 7 - Interest Payment (IFT090)
1 Feb 2010 APPNDX7: IFT130: Appendix 7 - Interest Payment (IFT130)
1 Feb 2010 APPNDX7: IFT070: Appendix 7 - Interest Payment (IFT070)
1 Feb 2010 APPNDX7: IFT140: Appendix 7 - Interest Payment (IFT140)
1 Feb 2010 APPNDX7: IFT040: Appendix 7 - Interest Payment (IFT040)
1 Feb 2010 MONTHLY: IFT: Infratil Monthly Operational Report
11 Jan 2010 ASSET: IFT: Infratil announces sale of Energy Developments
 
Infratil Limited Ordinary Shares

Current quote:
IFT $1.68
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Price when article published: $1.63

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