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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Analysis
7 mins to read

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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Calida Stuart-Menteath
Mon, 10 Dec 2018
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Failed bid for Tilt provides case study in defence
Analysis,Shoeshine,
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