“Goodbye, Freddie” November provides quite a contrast to October – a lot less Decisions, none declined, and absolutely none featuring Ministerial Decisions. Probably everything to…
Foreign investment in Aotearoa/New Zealand
Foreign investment in Aotearoa/New Zealand. Legislation, commentaries, the Overseas Investment Commission, the Overseas Investment Office and analyses.
Labour’s Last Hurrah October 2023 was election month and a highly unusual one in the annals of the OIO. To quote from its monthly newsletter:…
DJ Software: US Company Complains About Japanese One Buying NZ One Alpha Theta Corporation (Japan 81%, US 8%, UK 6% and Various 5%) has been given…
Here’s A Rarity: Ministers Decline Application The Minister for Land Information and the Associate Minister of Finance declined an application from Port Blakely Limited (United States of…
Booze Transnationals Continue Wine Industry Buy Up Cloudy Bay Vineyards Limited (France 66% United Kingdom 34%) has approval for the acquisition of a leasehold interest in…
NZ’s Largest Egg Producer Sold RF CorVal NZ Pty Ltd (as trustee for RF CorVal NZ Sub Trust 2 and RF CorVal NZ Sub Trust…
Shake-Up In Swiss Banking Reaches NZ The OIO approved UBS Group AG Registered shares: (Switzerland 20.6%) (Europe, Middle East and Africa 16%) (Americas 9.8%), (Asia Pacific 1%)…
Public Private Partnership (PPP) For Services To Schools, Prison & Student Village The OIO has approved IPP (NZ) Limited United Kingdom (93.3%), Various Regions (6.7%)…
Case 1Case 2Case 3 IKEA Buying Up Land For Forestry For a number of years now there has been much hype about Swedish furniture giant…
Overseas Investment Office – February 2023 Decision Another Microsoft Data Centre In Auckland The Minister for Land Information and the Associate Minister of Finance have approved Microsoft…
Standing Consents As you would expect, January was a quiet month for the OIO, being the holiday season with Government departments and businesses closed down…
Japanese Transnationals Increase Ownership Of NZ Forestry The OIO has approved Mitsui & Co Ltd (Japan 70.15%, Various regions 29.85%) and Nomura Holdings Inc (Japan 68%; Various regions 31.9%)…
Fisher Funds Buys KiwiSaver Provider Kiwi Wealth The OIO has approved Fisher Funds Management Limited New Zealand (66.01%), United States of America (23.37%) Various (10.62%) buying 100%…
Cleaning Up Big Time The OIO has approved CD&R Madison UK BidCo Ltd (USA 35.85%, Cayman Islands 10.42%, The Netherlands 7.99%, China 4.68%, Canada 4.34%, Singapore 4.10%,…
Spark Sells Cellphone Towers To Canada SamCo Holdings Limited (Canada 100%) has been given OIO approval to buy 100% of Spark TowerCo Limited for $1,150,000,000. “SamCo Holdings Limited…