Christchurch City Holdings says an unsolicited proposal from a consortium including global port operator DP World and three Ngāi Tahu rūnanga was not compelling enough to warrant further consideration.

The Tōnui Consortium lodged the lease bid in June.

Christchurch City Holdings says an unsolicited proposal from a consortium including global port operator DP World and three Ngāi Tahu rūnanga was not compelling enough to warrant…