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| | National Business Review (NBR) - Business, News, Arts, Media, Share Market & More |
 | | The deal is subject to considerable caveats following Infratil's last acquisition attempt, which was scotched by an adverse court ruling in July that stopped the completion of Luebeck Airport's project to extend its runway from 1,802 to 2,326 meters, expand the main taxiway and upgrade its instrument landing system. |
 | | Should Infratil be entitled to exercise the put option, but decline to do so, the City may call for the 90 per cent shareholding to be transferred back to it at the same option price. |
 | | Infratil retains an option to acquire the remaining 10 per cent shareholding after 31 March 2009, with the price based off the current financial performance. |
| nbr.co.nz /home/column_article.asp?id=13272&cid=4&cname=Business+Today (452 words) |
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