News

Milton's recipe to stop foreign takeovers

Tuesday 25th of January 2011

In a submission to the Savings Working Group he says the creation of such a fund, "is particularly relevant for Fidelity Life which is the largest New Zealand owned life insurance company who potentially could be taken over by foreign interests, which will leave our life insurance industry completely foreign owned."

He said that while many of the country's finance sector companies were u...

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