Keep up with
Newstalk ZB

Sun, 26 May 2013, 21:08

Have Your Say

Talkback 0800 80 10 80
Overseas +64 9 307 1080
Text 9292

Follow Us

  • Facebook
  • Twitter
  • YouTube
  • RSS
  • Sign Up

Site Search

Search Search

Select your region:

Share |

Govt awaits advice on foreign F&P buyout

By: Felix Marwick | Latest Political News | Tuesday September 18 2012 7:48

 

The Government's to wait for advice before being drawn on the merits of a foreign buyout of Fisher and Paykel.

Chinese company Haier is seeking to buy out the firm.

Asked if the Government could potentially intervene to stop the sale, the Prime Minister says he's not seen any advice to that effect.

"This is now subject for the Overseas Investment Office, to look at merits of the application from Haier. I'd prefer to comment when we see their advice to the relevant ministers."

Meanwhile, Labour believes a decision on a buy-out of this scope should be made by ministers, not officials.

 

Related Subjects

Fisher and Paykel | Haier | Overseas Investment Office |

 

Latest Political News

Advertisement
Mike Hosking Breakfast
Advertisement

  • Rugby: Sir Graham must apologise to SANZAR, offici ...

  • National up in latest Colmar Brunton poll

  • Man killed in crash near Waikuku named

  • League: Ex-Warrior Maloney picked for Origin

  • 36,000 Kiwis may need to ditch the gluten

  • Wairarapa principal backs K2 campaign

  • Rona Newton-John has died

  • Michael Jackson's stage manager concerned before d ...

Latest Newstalk ZB Video

  • Ron Williams: Barbarians Rugby ...

  • Cricket panel: Chris Harris & ...

  • Maggie Kirkpatrick: Wicked

  • Megan Singleton: US travel tip ...

  • Friday-Bashing Banks

  • Wednesday-Twister

  • Tuesday-Things People Do Not W ...

  • Friday-Budget Passion

National Convention Centre

Do you support the Government's deal with SkyCity over the National Convention Centre

Vote Now

View Results

Advertisement

  • Roger Advice
  • ZB App ad
  • Radius Care
  • Awesome Service
  • Paper Plus
  • Advertise With Us