Failed bid for Tilt provides case study in defence
Shoeshine looks at what set this offer apart.
Calida Stuart-Menteath Mon, 10 Dec 2018
A takeover tilt for Tilt Renewables has failed, and the attempted coup provides an interesting case study in takeover defence.
In mid-August Tilt’s two largest shareholders, infrastructure investor Infratil and power company Mercury NZ, teamed up to try to take full ownership at $2.30 a share,
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