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
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Jenny Ruth
Tue, 23 Oct 2018
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