Infratil, Super Fund sold 30% of Z Energy at $6 per share
Infratil and the NZ Superannuation Fund have sold 30% of Z Energy at the bottom of their indicative range.
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Infratil [NZX: IFT] and the New Zealand Superannuation Fund sold their combined 30% stake in Z Energy [NZX: ZEL] for $6 a share, at the bottom of their indicative $6-$6.20 range.
The sale reaped Infratil $479.2 million, net of the sale costs, for its 20% stake and the company says it made a $392.2
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Jenny Ruth
Thu, 01 Oct 2015
Thu, 01 Oct 2015
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Infratil, Super Fund sold 30% of Z Energy at $6 per share
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