Infratil blocks Mercury on Tilt deal
UPDATE: Tilt's 51% shareholder says it was the underbidder for trust's stake.
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Hawke’s Bay
Updated: The 51% shareholder of Tilt Renewables, Infratil, says it is unlikely to approve Mercury moving beyond a 20% stake in Tilt.
Mercury yesterday announced the purchase of a 20% Tilt stake, along with an option to buy a further 6.8%, from Tauranga Enery Consumer Trust.
In a statement to
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Tim Hunter
Mon, 14 May 2018
Mon, 14 May 2018
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Infratil blocks Mercury on Tilt deal
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