Infratil blocks Mercury on Tilt deal
UPDATE: Tilt's 51% shareholder says it was the underbidder for trust's stake.
Updated: The 51% shareholder of Tilt Renewables, Infratil, says it is unlikely to approve Mercury moving beyond a 20% stake in Tilt.
Mercury yesterday announced the purchase of a 20% Tilt stake, along with an option to buy a further 6.8%, from Tauranga Enery Consumer Trust.
In a statement to
Want to read more? It's easy.
Choose your best value subscription option
Individual
Group membership
NBR Marketplace
NZ Aviation News
Yearly Premium Online Subscription
NZ$499.00 / yearly
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly credit card debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Aviation News - Monthly
NZ$14.95 / monthly
Already have an account? Login
Tim Hunter
Mon, 14 May 2018
Mon, 14 May 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Infratil blocks Mercury on Tilt deal
74923