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,
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).