June 1999 decisions INL gets approval to buy Sky TV Independent Newspapers Ltd, which is 49.29% owned by News Ltd – in turn 30.35% owned…
Decisions of the Overseas Investment Commission and Overseas Investment Office
The approval of the Overseas Investment Office (OIO; before 25 August 2005, the Overseas Investment Commission (OIC)) is required for most overseas investment into Aotearoa/New Zealand that involves land and fishing, and most other investment valued at $100 million or more. In fact, it acts as a rubber stamp, approving almost all applications.
May 1999 decisions Deletions, deletions This month’s decisions are notable for the information suppressed: though there is a relatively small number of decisions (21), almost…
April 1999 decisions Application for lifestyle property in Otago refused In a rare occurrence, an application for the acquisition of a lifestyle property in Otago…
March 1999 decisions The decisions this month are again dominated by the sales resulting from the electricity “reforms”. Edison buys 40% of Contact Energy –…
February 1999 decisions Philippines businessman buys Lyttelton Marina land Lyttelton Marina Ltd, a subsidiary of Pacific Marina Holdings Ltd, owned by Mr Victor Villavicencio of…
January 1999 decisions U.S. venture capital companies take 41% of Peace Software Two venture capital companies based in the U.S.A. have approval to acquire 41%…
January to December 1999 Overseas Investment Commission Decisions Commentary and Index prepared by CAFCA Contents January 1999 decisions U.S. venture capital companies take 41% of…
December 1998 decisions More electricity assets sold: Power New Zealand (Utilicorp) buys electricity lines business from TransAlta … Power New Zealand Ltd, 78.65% owned by…
November 1998 decisions TransAlta buys retail electricity supply business from Power New Zealand TransAlta New Zealand Ltd, 67% owned by TransAlta Corporation of Canada, has…
October 1998 decisions TransAlta buys Southpower’s electricity retailing operation TransAlta New Zealand Ltd, which is 67% owned by TransAlta Corporation of Canada, has approval to…
September 1998 decisions Telecom, Optus and WorldCom building new communications cable to U.S.A. A new fibre optic communications cable network is being constructed across the…
August 1998 decisions This month has a particularly significant collection of overseas takeovers: the final play in the long-fought battle for control of Power New…
July 1998 decisions Emerald Capital can buy remaining shares in New Zealand Experience Emerald Capital Ltd, which is 90% owned by the Gardiner Group Ltd…
June 1998 decisions Auckland International Airport sold The majority privatisation of Auckland International Airport Ltd, owner of Auckland International Airport, Mangere, Auckland, is approved in…
May 1998 decisions Liberty Oil sets up company Liberty Oil, which has announced with much fanfare that it is entering the petrol retailing market in…