Australia's Origin Energy's sold $NZ1.81 billion stake in Contact Energy

AUD/NZD was on the move in late New York (earlier post here)

Sharemarket news this morning in Australia/New Zealand on overnight transactions:

  • Macquarie Capital has been mandated to sell Origin Energy's $NZ1.81 billion stake in Contact Energy
  • A deal was inked at 6am on Tuesday morning and an announcement has been made on New Zealand's stock exchange platform

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In FX speak .... 1.8bn NZD was sold against the AUD