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13 Oct 2024 1:24
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      Home > News > Business

    Auckland Airport will be offering up 1.4 billion dollars worth of additional shares in an effort to raise money

    Auckland Airport will be offering up 1.4 billion dollars worth of additional shares in an effort to raise money


    Auckland Airport
    Auckland Airport
    It will use the money to drive down debt and for its 6.6 billion dollar upgrade.

    Herald Business Journalist Madison Reidy says that extra money will come in handy for the airport.

    She says 2.2 billion dollars will be spent on the domestic terminal.

    © 2024 Newstalk ZB, NZCity

     Other Business News
     12 Oct: At least 600 people are being impacted by a BNZ systems issue
     12 Oct: Bookstores are curbing retail trends, with demand on the rise
     12 Oct: Economists are confident the war's been won against inflation
     12 Oct: Food banks across the country are struggling to keep up with demand
     11 Oct: Migration data's pointing toward another potential Official Cash Rate cut
     11 Oct: Greater Wellington Regional Council's debt has officially ticked over one billion dollars
     11 Oct: Positive signs of cyclone recovery in Hawke's Bay and Gisborne
     Top Stories

    RUGBY RUGBY
    South Canterbury's historic run in rugby's second-tier Heartland Championship has finally ended More...

    BUSINESS BUSINESS
    At least 600 people are being impacted by a BNZ systems issue More...


     Today's News

    		 Politics:
    New Zealand First's Shane Jones has unveiled a proposal to force Marsden Point to store fuel 21:57

     Rugby:
    South Canterbury's historic run in rugby's second-tier Heartland Championship has finally ended 21:17

     Business:
    At least 600 people are being impacted by a BNZ systems issue 18:57

     Cricket:
    The calculators aren't being pulled out just yet for the New Zealand women's cricketers, after an opening win followed by a loss in pool play at the T20 World Cup 18:37

     Sailing:
    The America's Cup match starts in the wee small hours overnight with holders Team New Zealand taking on challengers Britannia 18:37

     Law and Order:
    Australian couple in custody after anti-prostitution raids in Bali's Kuta district 18:27

     Accident and Emergency:
    A person has been airlifted to Wairau hospital in a serious condition following a jet boat accident in Marlborough 18:07

     Golf:
    The Kiwi golfers contesting the latest PGA Tour event in Utah face a nervous night's sleep, after play was suspended due to darkness 17:17

     Rugby:
    The Bay of Plenty captain doesn't care that their clutch, last-minute win over neighbours Hawke's Bay wasn't pretty 16:57

     Rugby:
    Sir Ben Ainslie is citing history as motivation for his Ineos Britannia team trying to wrestle the America's Cup off Team New Zealand 16:47

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