To sell or not to sell?

By Linda Sanders In Money

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10th May, 2013
The winding path leading to Mighty River Power’s sharemarket debut has had so many twists and turns that it looks like a braided river. The sale process has been bruising. The question of where to from here for the share sales will be answered in the coming months, and will most likely be what the next general election is fought over. Those against the partial sale argue all New Zealanders own the businesses, which generate good returns, so we collectively should hang on to them. At the same time, some say those profits are too good, so we need regulations to reduce returns, effectively ...

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