Air New Zealand (ANZ) has raised A$65.7 million ($50.4 million) from the sale of its remaining Virgin Australia shares. In March, ANZ said it was considering selling its 25.9% shareholding because it no longer had significant influence over Virgin Australia. ANZ sold 810,613,877 shares in June for A$0.33 per share, retaining just 2.5% of the company. However, on Oct. 12, ANZ told the New Zealand stock exchange it has disposed of the remaining shares. “Air New Zealand has sold its ...

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