Infratil comes out fighting after Tilt’s up to $130m asset write-down
Tilt raises earnings guidance at the same time as it writes down assets.
Jenny Ruth
Tue, 23 Oct 2018
Infratil is demanding Tilt Renewables’ independent directors change their stance and recommend its takeover offer.
That follows Tilt announcing that it will write down the carrying value of its Australian generation assets by $A125-130 million to about $A875m.
“This is equivalent to a
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive FREE offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace
Smartphone Only Subscription
NZ$29.95 / monthly
Monthly Premium Online Subscription
NZ$49.95 / monthly
Smartphone Only Annual Subscription
NZ$299.00 / yearly
Yearly Premium Online Subscription
NZ$499.00 / yearly
Premium Group Membership 10 Users
NZ$385+GST / monthly
$38.5 per user - Pay by monthly
credit card debit
Premium Group Membership 20 Users
NZ$660+GST / monthly
$33 per user - Pay by monthly
credit card debit
Premium Group Membership 50 Users
NZ$1375+GST / monthly
$27.5 per user - Pay by monthly
credit card debit
Premium Group Membership 100 Users
NZ$2100+GST / monthly
$21 per user - Pay by monthly
credit card debit
Yearly Premium Online Subscription + NBR Marketplace
NZ$999.00 / yearly
Already have an account? Login
Jenny Ruth
Tue, 23 Oct 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
