Tilt's independent directors slam Infratil/Mercury takeover offer
Tilt's independent directors rebuke Infratil/Mercury as "opportunistic."
Jenny Ruth Tue, 04 Sep 2018
Tilt Renewables’ independent directors have rejected the takeover offer by Infratil and Mercury New Zealand, which together own 71% of Tilt, saying it’s “inadequate and not fair.”
The agreement between Infratil and Mercury has Mercury remaining at just below 20% and Infratil acquiring
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