Waikato fibre network sold for $854m
First State Investments the buyer as local utilities exit.
NBR staff
Tue, 12 May 2020
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
