Waikato fibre network sold for $854m
First State Investments the buyer as local utilities exit.
NBR staff
Tue, 12 May 2020
Waikato utilities WEL Networks and Waipa Networks have sold their jointly owned fibre infrastructure company to an Australian fund manager for $854 million.
The sale of UFF Holdings, the holding company for Hamilton-based Ultrafast Fibre, to First State Investments represents a $388m gain on the
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NBR staff
Tue, 12 May 2020
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