The High Court in Wellington has ruled on a long-running and heated dispute between the Takeovers Panel and electricity distributors Marlborough Lines and Horizon Energy.The dispute stems from an increased profit forecast issued by Horizon's directors pri
The High Court in Wellington has ruled on a long-running and heated dispute between the Takeovers Panel and electricity distributors Marlborough Lines and Horizon Energy.
The dispute stems from an increased profit forecast issued by Horizon’s directors prior to Marlborough’s unsuccessful bid for 51%