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Hot Topic Budget 25
General Business
4 mins to read

Trustpower shareholders approve $441m sale to Mercury

Commerce Commission will decide whether to greenlight the deal next week.

Dita De Boni Wed, 22 Sep 2021

A majority of shareholders have agreed to a deal that will see gentailer Trustpower sell its retail arm to rival Mercury Energy for $441 million in cash.

Some 258 million shareholders voted in favour of the deal at the company's virtual AGM this afternoon, a figure that included support for the

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Dita De Boni Wed, 22 Sep 2021
Contact the Writer: dita@nbr.co.nz
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Trustpower shareholders approve $441m sale to Mercury
General Business,
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