Manawa adviser in line for $12.6m fee
The payout is tied to completion of Manawa's acquisition by Contact.
Hydro generator Manawa has agreed a $1.86b scheme of arrangement with Contact Energy.
An adviser to electricity generator Manawa Energy will receive a fee of $12.6 million on completion of its takeover by Contact Energy, the company’s annual report reveals.
Manawa refused to identify the recipient of the cash.
In a statement, it said: “With any transaction of this nature,
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